African Union Inaugurates New HQ of Intelligence and Security Services

Afreximbank grants Tunisia $700m loan

Tunisia has received $700 million in credit facility from African Export–Import Bank known as Afreximbank.   President Kais Saied, according to a statement by the state-run television, approved the credit line requested by the Central Bank of Tunis.   The statement neither provided details on the period of the loan nor the interest rate.   […]

U.S. supports Morocco’s post earthquake recovery with over $12 Mln funding

The U.S. Agency for International Development (USAID) has announced $12.6 million funding in support for Morocco’s post-earthquake recovery efforts. After the deadly Al Haouz earthquake of Sept.8, Morocco, under the leadership of King Mohammed VI, set out an ambitious five-year plan for “integrated reconstruction and general upgrading of the affected regions” that focuses on a […]

Moroccan Government Passes First Test at Parliament

The new government led by the PJD’s Saad Eddine El Othmani won a vote of confidence in the Moroccan Parliament ending a six-month long post-electoral deadlock that left the country without a government. Moroccan MPs approved the new governmental coalition by 208 votes in favor and 91 votes against, while forty deputies abstained. Speaking to […]