Mali’s leading energy supplier and distributor “Yara Oil” is in advanced talks with the World Bank’s private sector financer, the International Finance Corporation (IFC), for a loan of €20.7 million earmarked to finance its domestic expansion plan, “Sika Finance” reports. Per the expansion plan, the company founded in 1983, will start 10 new distribution stations […]
An Appeals court in Morocco upheld a guilty verdict for French national, Thomas Gallay, on charges of funding a terrorist cell based in the Moroccan Atlantic city of Essaouira. Gallay, 36, saw his prison term reduced to four years in prison after a lower court had initially handed him a six-year sentence. He was found […]
Morocco and the European Union signed the exchange of letters amending the agricultural agreement binding both parties on Friday at the European Commission headquarters in Brussels, reflecting their strong partnership grounded in extended multidimensional cooperation. Signed on Morocco’s side by Ambassador to the EU, Ahmed Réda Chami, the agreement immediately enters into force provisionally, pending […]
