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UN: Guterres Sacks  Algerian Lamamra after He Failed to Advance Peace Efforts in Sudan

UN Secretary-General António Guterres has fired Algerian diplomat who failed to bridge warring factions in Sudan and appointed Pekka Haavisto of Finland as his new Personal Envoy for Sudan. A UN statement says Mr. Haavisto brings over forty years of experience in politics and international affairs. He held several ministerial positions in the Government of Finland […]

EIB supports Moroccan SMEs hit by Covid-19 with €60 Mln funding

The European Investment Bank (EIB) has provided Moroccan CIH Bank with a €60 million funding destined to support SMEs affected by the global health crisis generated by Covid-19 pandemic. The two financial institutions signed on Wednesday an agreement to support Moroccan companies to stimulate the economic recovery from the impact of the pandemic. The EIB […]

Morocco offers attractive incentives for oil, gas exploration- Forbes

Morocco offers an attractive business climate and numerous incentives to investors in the oil and gas prospection, said Forbes. The US magazine described Morocco as a “North African economic powerhouse” that has a promising oil and gas industry. The article zooms on the efforts undertaken by the Hydrocarbons and mines office (ONHYM) in terms of […]