The World Bank Board has announced a €172 million loan to the Moroccan city of Casablanca, hosting around 12 pc of the North African country’s population and contributing 20 pc of the national GDP. The loan, first of its kind, will enable the city’s managers to solve its growing urban challenges. It will support the […]
The new Libyan Prime Minister Abdulhamid Dabaiba has commended on Thursday Morocco’s renewed determination to continue to support national reconciliation in Libya. This came in a tweet he posted on Thursday evening, after a phone call with Moroccan Foreign Affairs Minister Nasser Bourita. Dabaiba, who was elected on February 5 in Switzerland as head of […]
Algeria’s 2024 budget confirms the country is bent on maintaining a model of rent distribution to buy social peace, wherein the state continues to use oil and gas money in non-productive spending while shunning reforms that could put the economy on a competitive track conducive to a welfare state. Buying social peace by bolstering wages […]
