Coronavirus-Maroc

DR Congo, China seal new mine-road financing deal worth $7 Billion

The Democratic Republic of Congo (DRC) and GEC, a consortium of Chinese companies, have sealed a new mine-road financing deal worth $7 Billion. The funds are mainly intended for the construction of national roads in the central African country. State-owned mining company Sicomines announced the decision over the weekend following talks on an updated version […]

Germany Supports Morocco’s Development with €450 Mln Funding

Morocco has secured €450 million funding from German Development Bank (KfW) under three agreements inked Tuesday in Rabat by Minister Delegate in charge of the Budget Fouzi Lekjaa and Director of the German Bank for North Africa Daniela Beckmann. KfW is providing Morocco €100 million to enhance the Kingdom’s resilience to climate change and supporting […]

Ethiopia: millions starving as US, UN suspend aid after massive theft

As the United States and the United Nations demand that Ethiopia’s government yield its control over the vast aid delivery system supporting one-sixth of the country’s population, reports are emerging of the first deaths from starvation due to the suspension of their food aid to Africa’s second-most populous nation. The urgently needed grain and oil […]