Europe Finance Headlines International Maghreb Morocco

EBRD Lends €20 Mln to Moroccan SGMB Bank to Support Green Projects

The European Bank for Reconstruction and Development (EBRD) has approved a €20 million loan for Société Générale Maroc to enable the bank support SMEs involved in value chains and their green investments. The loan is part of an EBRD program focusing on improving SMEs participation in value chains supported by the European Union and the […]

Asia Headlines International Libya Maghreb

Libya: GNA-linked forces bring down alleged UAE-made drone

Forces loyal to the UN-backed Government of National Accord (GNA) have announced that they have downed a United Arab Emirates-made drone used by East-based forces led by Khalifa Haftar who has launched an offensive to seize Tripoli. Tripoli’s southern outskirt has been since early April the theater of military confrontation where GNA forces have been […]

Europe Headlines International Morocco

Spain: 16 Moroccans suspected of minors’ trafficking nabbed

Spanish security forces have said they busted four networks of 16 Moroccan nationals suspected of indulging in the trafficking of minors from Morocco to the EU country for fees ranging between €600 and €800. The suspects who live in the cities of Seville and Cádiz used to hold the kids in a center on the […]

Europe Headlines International Morocco

Three Moroccans plead guilty in murder of two Scandinavian tourists

Three Moroccan men pleaded guilty in the murder of two Scandinavian women, the first terrorist attack in the country since 2011. The ringleader and two other terrorist ring members told a court specializing in terrorism cases that they decided to commit the abject terrorist act in Morocco after failing to join the Islamic state abroad. […]

Asia Headlines International Maghreb Morocco

OIC leaders praise King Mohammed VI’s action as head of Al Quds Committee

The summit of the Organization of Islamic Cooperation (OIC), held Friday night in Mecca, hailed the sustained efforts made by King Mohammed VI, chairman of the Al Quds Committee, for the defense of the Holy shrines of Islam in Al Quds Acharif. This came in the final communiqué issued by the 14th OIC summit, where […]

Asia Headlines International Morocco

Prince Moulay Rachid warmly greeted in Saudi Arabia

Prince Moulay Rachid who is representing King Mohammed at the Arab and Islamic summits convened in Saudi Arabia was warmly greeted by King Salman at the conference hall and held on Friday talks with Saudi Crown Prince Mohamed bin Salmane. Prince Moulay Rachid met Prince Mohammed bin Salman Ben Abdelaziz, Crown Prince, Deputy Prime Minister […]

Business Europe Headlines International Maghreb Morocco

Morocco, Gateway for UK Businesses in Africa

As the United Kingdom braces for a hard Brexit without a deal with the European Union, the British government is looking for business opportunities outside the European bloc, focusing on building stronger economic cooperation ties with its traditional partners in America, Asia and Africa in addition to those of the Commonwealth. It is in this […]

Europe Headlines International Maghreb Morocco

Six Belgians of Moroccan Descent Enter Belgian Parliament

Six Belgian nationals of Moroccan origin were elected to the House of Representatives in Belgium during the federal, regional and European elections held May 26. The newly-elected MPs are Zakia Khattabi, co-president of the French-speaking Greens party (Ecolo), Ahmed Laaouej, president of the French-speaking socialist group, Meriam Kitir, president of the Flemish socialist group, Nabil […]

Africa Business Headlines International

Africa’s free trade zone kicks-off

The African Continental Free Trade Area (AfCFTA), the African Union’s flagship project for the continent’s economic integration, came into effect on Thursday with the aim of increasing intra-African trade by 60% before 2022, announced the AU. The African Union (AU) hopes the agreement will create a continental $2.5 trillion market of 1.2 billion people and […]

Africa Headlines International

AfDB’s first symposium on Climate Change calls for increased focus on resilience building

The African Development Bank hosted earlier this week a symposium to mark the bank’s Climate Change and Green Growth Day. The symposium, the first of its kind, was held under the theme: “Moving from emergency relief to building resilience.” It came in the wake of two devastating tropical cyclones, Idai and Kenneth, which ripped through […]