The African Development Bank (AfDB) announced Monday the approval by its board of directors of two loans valued at €165 million earmarked for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Program, an important aspect of the country’s National Development Plan 2021-2025. The first loan is worth €120 million and the second […]
Remittances by Moroccans abroad hit a record 100 billion dirhams ($10.7 bln) in 2021 compared to 70 billion dirhams in 2020, offsetting losses of the tourism sector, minister delegate in charge of investments said. Remittances have contributed to the consolidation of Morocco’s international reserves which rose to 330.4 billion dirhams ($35.7 bln), enough to cover […]
At least 22 Libyan soldiers were killed Thursday in an offensive launched by the Islamists fighters in a bid to take control of al-Sidra port harboring some of the country’s main oil terminals According to the Libyan authorities, the assailants, who used speedboats and rockets in their surprise attack, belong to the “Fajr Libya Movement”. […]
