Kariba-Dam

Post-Covid: Moroccan CIH bank gets €40 Mln EBRD loan to support local businesses

The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €40 million loan package to Moroccan bank “Crédit Immobilier et Hôtelier” to enable it enhance the resilience of local trade and businesses affected by covid-19 pandemic. Under the agreement sealed by the two parties, the EBRD will provide a €20 million loan to […]

Floods kill seven people near Taroudant in Morocco

Heavy summer rain triggered flash floods that killed at least seven people in a rural area near the locality of Ighern in the province of Taroudant, local authorities said. Videos largely shared on social media showed people swept away by the flood while standing on a roof of a rural stadium built next to the […]

Guinea launches construction of National Social Welfare Fund

Guinea Conakry Premier Bernard Goumou launched Monday the construction of the National Social Welfare Fund (CNPS); a project to cost 7.3 million euros. The future facility is a 10-storey building and the construction is valued at around 7.3 million euros. “This ceremony gives me the opportunity to tell you how pleased I am to see […]