South Sudan receives $10 Million in humanitarian aid from the UN

The United Nations announced Thursday, May 22 that it has allotted $10 million to South Sudan, to provide over 270,000 people with life-saving humanitarian aid. The UN Central Emergency Response Fund (CERF) aid will be used to support communities in six high-risk counties, according to the UN Office for the Coordination of Humanitarian Affairs (OCHA). […]

AfDB pledges over $1 Bln to support Morocco’s climate resilience for inclusive development

The African Development Bank has pledged to provide Morocco more than $1 billion over the next two years to enable the North African country cope with drought and support climate-resilient agricultural initiatives seeking to boost farming production and ensure food security. The announcement was made Tuesday by AfDB Vice-Pdt Beth Dunford following her working visit […]

Morocco: Pensions Fund RCAR acquires 16 million equities of Maroc Telecom

The Moroccan retirement pensions fund, Régime Collectif d’Allocation de Retraite, (RCAR) has acquired 16,229,447 shares of Maroc Telecom, which has floated 8 per cent of the company’s shares. The operation took place on June 17. RCAR with this acquisition has increased its share in the company to 5.81 per cent, the Moroccan Capital Market Authority […]