The World Bank’s Board of Executive Directors has approved a $300 million loan (€271.8 million) to support the strengthening of Morocco’s municipalities, an objective that is part of the Kingdom’s broader efforts to upgrade urban services and turn urban conglomerations into engines of growth and job creation. The Municipal Performance Project aims to build capacity […]
The Cameroonian army discovered and dismantled Monday a weapon factory in the South-West town of Buea, a region hosting rebels demanding a breakaway from Yaoundé. A unit of the Gendarmerie Nationale, Cameroon Info reports made the discovery during an operation. The forces, media adds, a sizable stock of war materials including 2 belts, 8 batteries, […]
Morocco’s spending to support the purchasing power of its citizens at a context of imported inflation rose to 40 billion dirhams ($4 bln), finance minister Nadia Fettah Alaoui said. Cooking gas subsidies alone accounted for more than 50% of the subsidies budget at 22 billion dirhams due to an increase in prices in the international […]
