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AfBD Approves $200 million Loan to Boost Morocco’s Industrialization Plan
The African Development Bank (AfDB) approved a loan of $200 million to Morocco to boost the country’s industrialization plan, local media said. The loan will help fund the first phase of the support program of the Industrial Acceleration Plan, which aims to create 500,000 jobs by 2020 and to increase the share of industry in […]
Libya: Serraj Promises Cash to HoR-aligned Tobruk Municipality
Libyan Prime Minister Faez Serraj has promised to attend financially to Tobruk municipality, which is housing the Libyan internationally recognized parliament, the House of Representatives (HoR), opposed to the UN-backed Presidency Council and Government of National Accord. The move came after Faez Serraj held talks with acting mayor of the eastern city, Ali Saghir, who […]
Automotive: French PSA gradually reopens its Kenitra plant
The French carmaker PSA will restart gradually its Kenitra factory in Morocco on May 6 within the frame of the decision of the Peugeot-Citroen group to start this week reopening its plants closed since mid-March due to coronavirus lockdown. PSA said it has reinforced health and safety measures at production sites, such as checking the […]



