China Development Bank to support SMEs in Africa with $400-million loan to Cairo-based Afreximbank

The China Development Bank (CDB) and the African Export-Import Bank (Afreximbank) inked Monday August 28 a $400-mllion loan to be used to support the financing of small and medium-sized enterprises (SMEs) across Africa. President of CDB, Mr. Tan Jiong, and President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, signed the […]

Draft Decrees on Implementation of Bill on Compulsory Military Service Approved at Ministers’ Council

Two draft decrees relating to the implementation of the recently adopted bill reinstating compulsory military service for young people aged between 19 and 25 years for 12 months have been adopted Thursday (Feb.7) at a Ministers’ Council held under the chairmanship of King Mohammed VI, Supreme Commander and Chief of the General Staff of the […]

Olympics: Morocco beats Argentina 2-1 in a dramatic game

Morocco’s Olympic football squad stunned Argentina 2-1 in a match that was marred by referral dysfunctions. Morocco opened the score and led the match 2-0, before Argentina netted a goal and was struggling for an equalizer. Argentina could only score in the 16th minutes of a scheduled 15-minute injury time, leading many observers to raise […]