Youssef Amrani hands credentials to President Cyril Ramaphosa 15 oct 2019

Morocco reiterates unwavering support for Palestine

Morocco has renewed its unwavering support for the Palestinian cause and for the legitimate right of the Palestinian people to establish an independent and viable State. This came during an extraordinary meeting of the Council of Arab Foreign Ministers, held to discuss the US government’s new stand on Israel’s West Bank settlements that it no […]

Egypt Gets $ 6.3 Bln German Financial Support for Power Projects

The Egyptian government has obtained a German financial support for three power projects to be carried out under the supervision of German group Siemens, through their local partners Orascom Construction and El-Sewedy Electric. The three projects will cost $ 6.3 billion lent by Deutsche Bank, HSBC Germany and German Bank of Reconstruction (KfW). The loan […]

AfDB Supports Morocco’s Rural Electrification with €245 Loan

The African Development Bank (AfDB) approved on Wednesday a €245 million loan to the National Office of Electricity and Drinking Water (ONEE) to enable the Moroccan utility company expand its rural electrification projects. “Developing a reliable electricity network will enable the Kingdom to meet an energy demand recording a 5 pc annual growth” said Mohamed […]