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Japan lends Morocco $200 mln in aid
Japan has offered Morocco a loan of $200 million to back the coronavirus response program. An agreement was signed in this regards between Morocco’s finance ministry and Japan’s international cooperation agency (JICA). This loan aims at helping the government deal with the health, social and economic repercussions of the pandemic. JICA has been operating in […]
Algeria: Authorities boasts of 350, 000 micro-companies funded since 1996
Algeria’s national agency for youth employment (ANSEJ) Wednesday announced that it has sponsored creation of 350,000 micro-companies nationwide since its creation. According to the Managing Director of the agency, Zouaoui Abdelhamid over one million jobs have been created in those 350,000 micro-companies. Abdelhamid was speaking at company creation fair entitled “micro-company, alternative to oil” organized […]
Italy’s ENI to Stand Trial in Algerian Corruption Case
An Italian judge ordered Italian oil major Eni, oil services group Saipem and former Eni CEO Paolo Scaroni to stand trial in a long-running case of alleged bribery in Algeria “In relation to court proceeding for the alleged bribery case relating to Saipem’s activities in Algeria, Eni acknowledges that the new GUP (judge for the […]



