King Mohammed VI of Morocco & President Buhari of Nigeria

Morocco’s Strategic Investment Fund to give priority to productive activities

The $4.8 billion strategic investment fund, set up part of a stimulus package of 120 billion dirhams ($12.8 bln) to help the economy recover from the coronavirus impact, will give priority to productive activities and back up the financing of major investment projects, said, on Tuesday in Rabat, Minister of Economy & finance Mohamed Benchaâboun. […]

UN urges sanctions against spoilers of next month Libyan talks for unity government

The UN acting envoy to Libya, Stephenie Williams has called for sanctions to be slapped on individuals who might spoil inter-Libyan talks next month to foster the formation of a unity government, Libya Observer reports. “Frankly, you need a unified executive if you want to move toward national elections, because you need a national government […]

Tunisia forecasts $1.4bn-loss in revenue in tourism sector over Coronavirus pandemic

Tunisia is expecting about $1.4 billion-loss in revenue in the tourism sector this year as result of impacts of the novel coronavirus pandemic, a document submitted to the International Monetary Fund (IMF) in view of seeking a new loan to supplement the 2020 national budget, reports say. The North African country like other countries around […]