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Botswana to buy 24% stake in Belgian diamond trader HB Antwerp

The Botswana government announced Monday that it will buy a 24% stake in the Belgian gem trader HB Antwerp, a move that is seen as a possible challenge to De Beers’s dominance of the southern African nation’s diamond industry. “Today is the dawn of a new era of a diamond industry in Botswana as we […]

French €51 million loan to improve access to drinking water in northern Morocco

L’Agence Française de Developpement will extend Morocco a loan of €50 million and a subsidy of €1 million to secure access to drinking water in the Northern provinces of the Kingdom. The related agreement was signed Wednesday in Rabat by the French Development Agency (AFD) and the National Office of Electricity and Water (ONEE). The […]

Algerian, Moroccan pilgrims take swipe at hosting conditions in Mecca

Several pilgrims from Morocco and neighboring Algeria have voiced their concerns about accommodation and food at their various hotels as they embark on the annual religious ritual of Hajj in the holy city of Mecca. Algerian pilgrims from the city of Oran, Huffpost Maghreb reports, demanded the organizing committee of the gigantic religious event to […]