US pledges $11 Million in relief funds to Libya after floods disaster

U.S. President Joe Biden has announced $11 million in humanitarian aid to Libya to support people affected by the storm Daniel which hit the city of Derna and a number of cities in THE eastern part of the oil-rich African country. The White House said that the State Department and USAID will assist in coordinating […]

OCP signs $100 mln financing deal with IFC

Morocco’s phosphates and fertilizers producer OCP obtained a loan of 100 million dollars from the International Financial Corporation (IFC) to develop its African value chain. The loan will help OCP Africa to expand its logistics networks and increase the availability of fertilizers, adapted to local soils and crops, in Côte d’Ivoire, Ethiopia, Ghana, Kenya, Nigeria, […]

Morocco: Seven alleged IS militants en route to Libya arrested

Moroccan security authorities Tuesday succeeded in disrupting plans of seven extremists to join IS in Libya. The seven alleged militants, from Marrakech, Laayoune and Boujdour, were arrested as they were attempting to go to Libya through the Moroccan-Mauritanian border. According to a statement released by the Interior Ministry, the alleged terrorists were trying to cross […]