Emerging Markets Europe Finance Headlines International Morocco

EBRD supports Morocco’s automotive sector with €15 Mln funding

The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Moroccan car equipment supplier, Tuyauto, which produces stamped metal components, exhaust systems, and heat shields. The loan is guaranteed by the EU through the European Fund for Sustainable Development Municipal Infrastructure and Industrial Resilience program to support the company’s environmental […]

Algeria Headlines

Tires join list of lacking goods in Algerian market

Algeria’s drastic import cut policy has caused a severe shortage in all sorts of tires in a country where queues for basic goods have become the new norm. Restrictions to curb the outflow of hard currency in the import reliant country have hit several sectors in Algeria including cars and car parts and tires, leading […]

Africa Headlines International

Cameroon’s Invisible People: The Baka’s Fight for Identity

Deep in Cameroon’s forests, a quiet crisis is unfolding. The Baka and Bagyieli, Indigenous communities who have called these woods home for generations, are facing an identity crisis that threatens to erase them from the map. Imagine living your whole life without a piece of paper that says you exist. That’s the reality for over […]

Headlines Libya

Tripoli hosts Arab Forum for volunteering work, support of people with disabilities

Tripoli is hosting the Arab Forum for volunteering work and support of people with disabilities meant to implement an Arab strategy in these fields, especially during epidemics and crises. The opening ceremony of the forum took place on Sunday September 22 in the presence of the Prime Minister of the Government of National Unity, Abdul […]

Headlines Morocco

Morocco: Drug smuggling attempt foiled at Safi Port

Moroccan security forces thwarted an attempt to smuggle 8.1 tons of chira at the port of Safi in a coordinated operation on Saturday evening, the General Directorate of National Security (DGSN) said. During this joint operation, carried out by the provincial security services of Safi and the National Brigade of the Judicial Police (BNPJ), law […]

Africa Egypt Headlines International

Egypt vows to defend its water security ‘uncompromisingly’ if damage occurs due to GERD

Egypt’s Minister of Foreign Affairs, Badr Abdelatty, reaffirmed the country’s right to safeguard its water security in response to the challenges posed by the Grand Ethiopian Renaissance Dam (GERD), asserting that Egypt will protect its interests in line with international law. In an interview with Asharq News published on September 22, Abdelatty highlighted the existential […]

Asia Emerging Markets Finance Headlines International Morocco

Japan contributes $180 Million Loan to promote universal health coverage in Morocco

Japan has granted Morocco a $180 million loan to support the kingdom’s development policy program aimed at achieving universal health coverage. The loan is destined to accelerate progress toward universal health access, with focus on improving maternal and child healthcare services in rural areas. It also marks a significant boost to Morocco’s efforts to strengthen […]

Africa Community Headlines International

UN chief asks halt to Sudan’s RSF attacks on Al-Fashir in Darfur

UN Secretary General Antonio Guterres urged an immediate halt to attacks by Sudan’s paramilitary force RSF on Al Fashir in Sudan, amid a severely deteriorating humanitarian crisis in the war-torn country. Guterres called on Lt. General Mohamed Hamdan “Hemedti” Dagalo to act responsibly and immediately order a halt to the RSF attack, his spokesman Dujarric […]

Africa Finance Headlines International

Sierra Leone seeks IMF loan worth $253 million

Sierra Leone has asked the International Monetary Fund (IMF) for a 38-month Extended Credit Facility (ECF) arrangement worth about $253 million. The facility would support restoring stability through continued macroeconomic adjustment to address debt vulnerabilities, reduce inflation, and rebuild international reserves; bolster inclusive growth and poverty reduction through structural reforms and targeted social spending; and […]

Asia Culture Headlines International Morocco

ALECSO honors Bayt Mal Al-Qods Agency for support to the Holy City and its residents

The Bayt Mal Al-Qods Agency received the prestigious ALECSO Shield from the Arab Organization for Education, Culture, and Science (ALECSO) in recognition of its outstanding efforts, under the leadership of King Mohammed VI, to support the Holy City of Al-Qods and its Palestinian residents. The award was presented during a ceremony that marked the conclusion […]