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The European Bank for Reconstruction and Development (EBRD) extends Attijari bank Tunisia a $1.6 million loan to enable pharmaceutical company Teriak enhance productivity and improve energy efficiency. The risk-sharing facility will help Teriak purchase new machinery & equipment and to undertake maintenance work at its Jebel Ouest facility. The funding will complement investment by the […]
Libya’s Haftar offers Russia military base on border with Chad, Sudan- media
Libya’s renegade general Khalifa Haftar reportedly offered Russia a military base near the border with Chad and Sudan, confirming Moscow’s ambitions to make Libya its new African hub, replacing Syria, Italian news agency Nova said. Citing Libyan sources, Nova said Russia was transferring equipment and soldiers to the Maaten Al Sarra base in southern Libya […]
Moroccan government’s pressing social and economic priorities in 2023
The current Moroccan government has set four priorities for next year’s appropriation bill as it continues to navigate through turbulent waters to materialize its promises of reinforcing the basis of the social state, bolstering post-Covid economic recovery, attracting investors and curbing inequalities between regions. The government has been challenged by imported inflation which weighed on […]



