The Board of Directors of the African Development Bank (AfDB) on Wednesday in Abidjan approved a €120 million loan to Morocco to implement the country’s Financial Inclusion, Entrepreneurship, and the support program to very small & medium enterprises (SMEs). The Bank’s support will enable companies in difficulty to recover their activity and safeguard jobs […]
Month: November 2021
Libyan authorities reject the candidacy of Gaddafi’s son
Libya’s electoral authority on Wednesday rejected the candidacy of Seif al-Islam for the presidential election scheduled for December 24. Wanted by the International Criminal Court (ICC) for “crimes against humanity”, Seif al-Islam Gaddafi, who presented his candidacy on November 14, is among the 25 candidates whose files were rejected, according to a statement from the […]
Inclusive democratic participation, a tool for combating & preventing violent extremism
Morocco has underlined the paramount importance of inclusive democratic participation as a tool in the fight and prevention against violent extremism and announced that its first National Action Plan on Women, Peace and Security, in application of Security Council resolution 1325, is being finalized. “Inclusive democratic participation today represents not only a tool for the […]
AfDB supports Moroccan agricultural development program with over €114 Mln
The African Development Bank (AfDB) will contribute €114.03 million (1.184 billion dirhams) in support of the Moroccan Program for Inclusive and Sustainable Development of Agricultural and Rural Areas (PADIDZAR). The program, which is part of the new agricultural strategy called “2020-2030 Green Generation”, aims to support small and medium hydropower on about sixty perimeters with […]
Morocco, Israel sign historic defense memorandum
Morocco and Israel have signed Wednesday in Rabat a memorandum of understanding in defense matters, paving the way for future military collaboration. The MoU covers exchanges of experience and expertise, technology transfer, training and cooperation in the field of defense industry. The memorandum was signed by Israeli Deputy-Premier and Defense Minister Benny Gantz who is […]
IMF: Outlook for Algeria remains uncertain & challenging
The pandemic has increased Algeria’s “ongoing economic vulnerabilities” following a succession of adverse shocks since 2014, said the International Monetary Fund (IMF), affirming that” the outlook for Algeria remains uncertain and challenging”. Following a visit paid lately to Algeria wherein IMF staff held meetings with officials on the country’s economic developments and policies, the international […]
Pakistan has never recognized nor engaged with the Polisario or SADR, Ambassador to Rabat says
Pakistan has never recognized nor engaged with the Polisario or the self-proclaimed SADR, affirmed Pakistan’s ambassador to Rabat Hamid Asghar Khan. In an exclusive statement to the news website Morocco Telegraph, the Pakistani diplomat underlined his country’s position on the Sahara issue, affirming that Pakistan has never recognized nor engaged with the Polisario or the […]
Morocco, third destination for remittances from African diaspora in 2021 – World Bank
The kingdom of Morocco is expected to receive $9.3 billion this year in terms of remittances from Moroccan expatriates, representing the third largest on the continent, right behind Egypt and Nigeria, a World Bank report revealed. Compared with last year data, Morocco will witness a 25.76 per cent increase, according to data published in the […]
Spain’s energy giant Repsol to resume activities in Libya if country recovers stability
Spanish energy and petrochemical company Repsol indicated that it would resume activities in Libya if only the oil-rich country returns to stability, Libya Observer reports. José Carlos Bravo, the Regional Executive Director of the company, told the Energy Capitol & Power website that the Spanish energy giant still believes in the oil-rich African country. For […]
Sahara: Washington reaffirms Support to Morocco’s “serious, credible & realistic” Autonomy Plan
The Biden administration has reaffirmed the U.S. strong backing to the “serious, credible and realistic” autonomy plan offered by Morocco under its sovereignty for a lasting and peaceful resolution of the Sahara regional conflict. The American supportive stand was voiced in a press release issued Tuesday in Washington DC following the meeting of Secretary of […]









