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Morocco lifts cap on foreign debt due to coronavirus

The Moroccan government lifted the threshold on foreign debt as it braces for dwindling foreign exchange reserves due to the impact of coronavirus on the flow of hard currency to the country. The move aims at addressing the needs in terms of foreign exchange reserves as the coronavirus repercussions are expected to hit tourism revenues, […]

Tunisian startup Kumulus wins EBRD’s startup challenge

Kumulus, a Tunisian startup operating in water industry, won Tuesday the European Bank for Reconstruction and Development’s startup competition AgVenture aiming at supporting innovative early-stage agribusiness technology ventures in the economies where EBRD invests. The challenge unveiled the names of the winners at EBRD Consumer Rules Summit held in Zagreb, Serbia. Kumulus produces and operates […]

Mauritania Formalizes Agricultural Pact to Boost National Food Sovereignty

A memorandum of agreement was officially signed over the weekend in Nouakchott between national agricultural producers and vegetable distributors, marking a strategic move to enhance the marketing of domestically grown potatoes and onions. The agreement, which was witnessed by senior government officials and industry representatives, was facilitated under the guidance of the President of the […]