pan african institute

Remittances by Moroccans abroad account for 20% of Morocco’s total forex reserves

Money sent home by Moroccans living abroad represented 20% of overall foreign exchange reserves held by Morocco, head of the government Saad Eddine El Othmani said. Despite the pandemic, remittances proved resilience and showed the values of solidarities held dear by Moroccans. Total remittances stood at 7.4 billion dirhams in 2020, up from 6.9 billion […]

Tunisia gets $268.4 million loan from World Bank to finance power connection project

The World Bank Thursday approved a $268.4 million loan to Tunisia earmarked for financing electricity connection with Italy, State-run news agency TAP reports. The electrical interconnection project known as ELMED is set to provide a 230 km-long 600MW connection to Italy’s Sicily. ELMED will produce a quantum leap in the integration of the electricity markets […]

Senegalese expert calls AU to reconsider the Sahara issue to rehabilitate itself

The dispute over the Moroccan Sahara must be rethought to allow the African Union (AU) to rehabilitate itself and get out of this situation which has lasted for nearly 50 years, said Senegalse officer and diplomat General El Hadji Alioune Samba.   We must “rethink the problem of the Sahara to allow the African Union […]