European Investment Bank

Jeune Afrique’s ranking lists Morocco among major economic powers in Africa

Morocco confirms its position amongst the continent’s major economic powers, Paris-based Jeune Afrique magazine stresses in a press release announcing its 26th exclusive ranking of the 500 largest African companies. While the overall sales of the Moroccan companies ranked amount to $55.9 billion, or 7.6% of the ranking total, their sectoral diversity constitutes “a real […]

EU: Growing concern over diversion of humanitarian aid by Polisario & Algeria

Member of the European Parliament Olivier Chastel has raised the issue of the ongoing embezzlement by the Polisario and Algeria of EU humanitarian aid sent annually to the Sahrawis sequestered in the Tindouf camps. This confirms a growing concern of MEPs over this misappropriation, which was decried by Italian human rights NGOs. In his written […]

Draft Reinstating Compulsory Military Service Adopted by Lower House

Morocco has officially restored military service for young people aged between 19 and 25 years for 12 months. The Lower House of the Moroccan parliament Wednesday adopted with overwhelming majority the draft bill reinstating compulsory military service for young women and men aged 19 to 24. Only two MPs, member of the Federation of the […]