Americas Finance Headlines International Maghreb Morocco

USAID supports Morocco’s inclusive socio-economic development program with $94 Million

The United States Agency for International Development (USAID) has granted Morocco $94 million to finance the kingdom’s inclusive socio-economic development program. The grant related agreement was signed Wednesday in Rabat. The inclusive socio-economic development program has three components, according to MAP. The first concerns an integrated local development program that will encompass the economic growth […]

Headlines Morocco

Morocco Foils Drug Smuggling Operations at Tanger Med & Bab Sebta

Morocco’s security services seized on Tuesday over 5.5 tons of cannabis at the Tangier Med-Port. The drugs were concealed in an international cargo truck that was heading to a European port. A statement released by the General Directorate of National Security (DGSN) said the driver, a 30-year-old Moroccan national, was arrested. The illegal substance was […]

Africa Headlines International

Ethiopia eyes 3 million jobs in 2019-20; Economic growth expanded 9.2% in 2018-19

Ethiopia plans to create about 3 million jobs in the 2019-2020 fiscal year. The announcement was made by Prime Minister Abiy Ahmed while he was presenting the country’s annual report to the House of Peoples’ Representatives at the national parliament. In his address, he raised issues on sustaining economic development and peace and security, as […]

Africa Business Headlines International

Nigeria to sign Africa free trade agreement—Presidency

Nigeria’s presidency on Tuesday said the West African nation will sign the Africa free trade agreement at the coming African union summit. According to a statement posted on the presidency’s Twitter feed, Nigeria would sign onto the deal at the upcoming African Union extraordinary summit in Niamey, Niger. The Summit is taking place to celebrate […]

Headlines Maghreb Tunisia

Tunisia: Two Belarusians nabbed on espionage charges in Sfax

Two men, holding Belarusian passports are held in Sfax on espionage charges after police discovered secret documents and equipment in their hotel room, Huffpost Tunisie reports. The two individuals were arrested Friday, after workers at a local hotel reported the two suspects to police, spokesman for the prosecution office, Mourad Turki, said. The men refused […]

Headlines Libya Maghreb

Libya: at least 36 migrants killed in drone air strike

A Monday drone airstrike has killed at least 36 migrants and wounded 80 others in capital Tripoli, GNA health ministry told reporters accusing forces loyal to east-based military commander Khalifa Haftar. The air strike landed on Tajoura migrant detention center controlled by a GNA loyal militia, east of capital Tripoli, spokesman for the ministry Fawzi […]

Business Headlines Maghreb Morocco

Tanger Med brings Morocco’s ports capacity to 260 million tons

The extension of Morocco’s Tanger Med port increased the total capacity of Morocco’s 13 ports combined to 260 million tons. The launch of Tanger Med 2 increased the northern port’s capacity to 9 million container from 3.5 million in 2018. The extension was achieved at a total cost of 88 billion dirhams in state funding […]

Europe Headlines International Maghreb Morocco

British schools to open in Morocco soon

Moroccan parents willing to enroll their children in a foreign education system will soon have the option of British schools which add to already existing French, American, Spanish and Belgian schools. A delegation of British schools is currently prospecting for investment opportunities in education in Morocco which has allowed such schools to operate last May, […]

Algeria Headlines Maghreb

Algeria: Parliament Speaker Bouchareb Resigns

Algerian parliament president Mouad Bouchareb has resigned on Tuesday, Ennahar TV reported. Three months after longtime President Abdelaziz Bouteflika resigned under pressure, Bouchareb has had a similar faith. He resigned under pressure of sustained protests seeking root-and-branch reform. Many pro-democracy activists believe that members of the old regime are still trying to cling to power. […]

Headlines Maghreb Tunisia

Tunisia: Wanted terrorist blows himself up after being surrounded by security forces

A Tunisian citizen, placed on terror list by authorities, blew himself up Tuesday in capital Tunis when security forces surrounded him. The alleged terrorist according to the interior ministry detonated his explosive belt after being shot by security forces, in the Intilaka area of Tunis. Terrorist Aymen Smiri, killed on Tuesday evening, had been carefully […]