World Bank loans Tunisia €82.5m to support covid-19 vaccine campaign

Tunisia Thursday subscribed for a €82.5 million loan from the World Bank, destined to support the vaccination campaign against the COVID-19 pandemic.   The agreement for the subscription, in the pipeline since December, was signed by Tunisian Finance Minister Ali Kooli and WB Manager for Tunisia. The loan will come to maturity in 2039 at […]

Morocco’s OCP revenue down 33% in 2023 first half

Morocco’s phosphates and fertilizers producer, OCP, said its revenue in the first six months this year dropped 33% to $3.76 bln due to lower prices. The company said it made $1.9 billion in total revenue in the second quarter this year, down 37%, due to lower demand, while expecting demand to improve later this year […]

Morocco dismantles another ISIS cell

Moroccan police announced on Wednesday the dismantling in the Northern city of Tangier of a jihadist cell that was planning to carry out terrorist attacks using explosives. The five members of the cell, aged between 22 and 28, were arrested. In preparation for their criminal attacks, they acquired several products used in the manufacturing of […]