HoR

Nador West Med: Additional €57 Mln AfDB Financing

The African Development Bank Group has approved an additional financing of €57 million for Morocco to help finance the ongoing construction of the Nador West Med port complex. This financing completes a first funding of nearly €113 million, granted by the Bank in 2015, said AfDB in a press release, published on the sidelines of […]

WB lends Morocco $250 mln to finance innovative agricultural projects

The World Bank said it has approved a $250 million loan in support of Morocco’s Green Generation plan that aims at doubling agricultural output by 2030. The World Bank said the financing is offered in cooperation with the French Development Agency (AFD) to promote profitable agricultural activities as well as environment friendly practices and sustainable […]

Libya’s Culture minister arrested, investigated on corruption charges

The Libyan Public Prosecutor has ordered the arrest and the pre-trial of Culture Minister Mabrouka Tougi, over accusations of corruption in administration and finance transactions. Tougi was interrogated on Dec. 29 and has been detained pending an investigation against her over allegations of corruption following a decision by the prosecution. A brief statement by the […]