Libya, Mauritania Set Up Technical Committee to Reactivate Bilateral Agreements

Libya and Mauritania have agreed to establish a technical Committee to review and reactivate bilateral agreements between the two countries, following talks held in Tripoli. The decision was reached during a meeting between Libya’s Acting Foreign Minister Taher Al-Baour and Mauritania’s Ambassador to Libya, Sidi Yahya Lemrabott. According to Libya’s Ministry of Foreign Affairs and […]

Nigeria: deepening currency crisis, soaring inflation are threats to country’s economy

Currency crisis in Nigeria deepens as its currency, the Naira, has dropped to ₦1,040 per dollar, which comes as a national industrial association has warned that soaring inflation is a threat to the country’s economy. In the parallel market, Nigeria’s currency has dropped to N1,040 per US dollar as supply surpassed demand, which was due […]

EBRD supports Morocco’s packaging industry with €15 Mln funding

The European Bank for Reconstruction and Development (EBRD) is supporting Morocco’s packaging industry with a €15 million loan provided to Multisac SA, local manufacturer of woven polypropylene bags in Morocco. The announcement of the funding coincides with the visit of EBRD chief Renaud Bassu is paying to Morocco. The €15 million loan will support the […]