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Sahara: Germany Swings Behind Moroccan Autonomy Plan Endorsed by UN Security Council Resolution 2797

Germany has reaffirmed its steadfast support for the Autonomy plan in the Sahara under Moroccan sovereignty, saying the plan endorsed by UN Security Council Resolution 2797 offers a “serious and credible basis” for reaching a lasting solution to this five-decade long regional dispute. The supportive position of the German Federal government of the Moroccan Sahara […]

Bharti Airtel to give Tanzania bigger stake in Airtel Tanzania

Tanzania’s President’s office last weekend said India’s Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government. If confirmed, Tanzania government’s holding in the mobile phone operator will rise to 49 percent from 40 percent. According to local media, the announcement followed talks in Dar es Salaam between President […]

EBRD Supports Moroccan Small Businesses With €9.7 Mln Loan

The European Bank for Reconstruction & Development has approved a €9.7 Million loan to Fondation Albaraka, one of the largest microfinance institutions in Morocco for on-lending to local micro enterprises. Access to finance through banks remains extremely limited for micro, small and medium-sized enterprises (MSMEs) in Morocco. The EBRD funds will offer much-needed support for […]