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CIMAF gets €161.5m loan from IFC, EAIF & Proparco to expand operation in Mali, Senegal & Ghana
Ciments de l’Afrique (CIMAF) a subsidiary of Morocco-based Omnium des Industries et de la Promotion (OIP) has landed a €161.5-million loan from the International Financial Corporation (IFC), French-government-owned Proparco, and Emerging Africa Infrastructure Fund (EAIF) earmarked to increase capacities of its grinding plants in Mali, Ghana, and to launch a state-of-the-art integrated cement plant in […]
US, EU to inject millions of euros into battered Tunisian tourism industry
The Unites States and the European Union have pledged to back Tunisia’s tourism industry severely affected by the covid-19 pandemic with a combined investment valued at more than €100 million. The US support will come from its development agency, USAID, which has pledged to mobilize between $30 million and $50 million for “Visit Tunisia” program […]
U.S. report calls for sanctions against Algeria-backed Polisario militia, one of Iranian proxies
Another damning report has been issued in the United States on the polisario ties with Iran, its Axis of Resistance and proxies posing serious threat to regional peace and stability. The alliance of the Algeria-backed Polisario armed militia with Iran’s Shi’a proxies in the Middle East has enabled them to receive international anti-imperialist solidarity and […]



