Tanger-Med-port

DRC gets €32.7m loans to address humanitarian challenges in restive Eastern region

The European Union (EU) has provided a fresh credit facility of 32.7 million euros to the Democratic Republic of Congo to be used to provide assistance to people in the eastern region where several populations have been affected by fighting between the army and rebel groups. The loan will be channeled through humanitarian organizations to […]

Is Algeria’s regime distancing itself from Russia to avoid U.S. ire?

In a bid to maintain their strong grip on power and avoid U.S. sanctions for financing Moscow’s war in Ukraine through the purchase of Russian weapons, the Algerian rulers started distancing themselves from their Russian historical ally and main arms supplier. According to Spanish newspaper “El Confidencial” and French daily “Courrier International”, the Algerian military […]

Coronavirus: Moroccan Tourism sector to lose $3.5 bln

Tourism seems to be the most hit sector after Morocco shut its borders with different tourism-related businesses standing to lose 34 billion dirhams ($3.5 bln), head of tourism federation Abdellatif Kabbaj said. The tourism sector including hotels, restaurants and tour operators, employ 500,000 people whose jobs are at risk because of the consequences of the […]