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Egypt’s Armed Forces denies reports of unlawful officer privileges

Egypt’s Armed Forces have dismissed social media claims alleging that military officers were granted unlawful privileges, describing the reports as a coordinated misinformation, drive by hostile actors abroad. In a statement issued on Sunday, 21 December, the military said the circulating documents were falsely attributed to the institution and deliberately included names of retired or […]

Morocco Gets €253 Mln Green Funding

Moroccan private sector will benefit from two green investments totaling €253 million provided by the European Bank for Reconstruction and Development (EBRD), the European Union (EU), the Green Climate Fund (GCF) and South Korea. Thanks to this financial support, local businesses will be able to acquire green technology and become more competitive, contributing thus to […]

EBRD Lends € 40 Mln to Morocco’s Ports Agency for Climate Resilience

The European Bank for Reconstruction and Development (EBRD) provides Moroccan Agence Nationale des Ports (ANP) a €40 million loan to enable the agency enhance climate resilience of ports of the North African Kingdom. The loan is the first to a Moroccan state-owned entity without a sovereign guarantee. It will comprise two tranches: a €15 million […]