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WB Loans Morocco $160 million to Spur Competitiveness, Green Growth

The World Bank has extended Morocco a $160 million loan designed to support reforms in Morocco’s business environment to spur competitiveness and boost growth and job creation in an increasingly competitive global economy. The First Economic Competitiveness Development Policy Loan approved this week by the World Bank will improve transparency and accountability in investment procedures […]

Chad wants to stop gold smuggling to Libya estimated at $91m every week

Chad’s President Mahamat Idriss Déby has vowed to curtail the gold smuggling business depriving his country weekly of around $91 million in the advantage of Libya. The head of the Chadian Transitional Military Council who took over from his father General Idriss Deby killed in April last year, told State radio that the shady business […]

Morocco’s air power to be enhanced with 24 Apache Helicopters

US Boeing Company has said that the 24 AH-64E Apache helicopters, ordered by Morocco, will be delivered to the Royal Air Forces in 2024. “We are proud to provide this best-in-class capability to Morocco”, said on Thursday Jeff Shockey, vice president of Boeing Defense in a press release. In 2019, US State Department approved the […]