Kenyan Raila Odinga – Moroccan ambassador to nairobi Mokhtar Ghambou

COP22: Australia To Open Embassy in Morocco To Foster Partnership

Australia’s top diplomat Julie Bishop said Wednesday in Marrakech that her country will open shortly an embassy in Rabat as relations between the two countries are gaining momentum. Julie Bishop is representing her country at the 22nd UN conference climate conference (COP22) convening in Marrakech from 7 to 18 November. Following her meeting with Moroccan […]

Algeria: Military Spending Hits $ 9.6 Bln in 2018

Despite deepening political crisis and growing social woes, the Algerian authorities continued their spree spending on weaponry instead of funding socioeconomic development projects. With a total of $9.6 billion in 2018, Algeria had by far the highest military spending in Africa, says the Stockholm International Peace Research Institute (SIPRI) in latest report. The rich oil-gas […]

Morocco overhauls microfinance regulations with expanded credit limits

Morocco’s microfinance sector faces significant transformation as proposed regulations dramatically increase lending limits and introduce new deposit frameworks, positioning microfinance institutions as crucial intermediaries for small business financing. The draft decree, implementing Law 50-20 on microfinance, establishes differentiated credit ceilings based on institutional structure and client profiles. For associative microfinance institutions serving low-income populations, limits […]