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Kenya moves closer to seal EPA deal with EU, while also seeking $1bn loan from China

As Kenya is moving closer to sealing an Economic Partnership Agreement (EPA) with the European Union, the East African economic powerhouse has also announced the possibility of a $1bn loan from China that could be used to help pay off a $2bn Eurobond repayment that is due in June next year. Kenya’s economic partnership deal […]

Morocco’s Akdital plans two hospitals in Saudi Arabia

Moroccan hospital operator Akdital signed an agreement in Saudi Arabia to set up two hospitals in Jeddah and Riyadh for a total cost of 200 million dollars. The investment, signed under the aegis of the Saudi Investment ministry, is the first expansion abroad by Akdital, which has 36 clinics in Morocco. Akdital signed the deal […]

AfDB lends Morocco Over €600 Mln to fund four inclusive development projects

The African Development Bank has agreed to provide Morocco four loans totaling over €600 million to enable the North African Kingdom build a 105-km long highway, enhance territorial competitiveness, modernize the university, and support sustainable forest development. The agreements were signed Wednesday in Rabat by Minister in charge of the budget Fouzi Lekjaa and the […]