Sahel
Gold boom bankrolls Sahel conflicts
Surging global gold prices are fuelling violence and instability in West Africa’s Sahel, reports the BBC. Military regimes in
1 min read
In the first deal of its kind, a cross-border acquisition financing package, the The European Bank for Reconstruction and Development (EBRD) is supporting Morocco’s hygiene products sector with a $49 million loan to Eczacıbaşı Consumer Products Maroc SARL AU (ECP Maroc). ECP Maroc is a wholly owned subsidiary of Eczacıbaşı Consumer Products (ECP), the consumer products arm of Eczacıbaşı Holding Group, which specializes in tissue paper products. ECP Maroc will use the financing to acquire Jeesr, Morocco’s leading integrated producer of tissue paper products.
Read next
Morocco
Morocco plans second Sukuk issuance since 2018, Central Bank says
Morocco is preparing its second Islamic bond (sukuk) issuance since 2018, Central Bank Governor Abdellatif Jouahri said on Thursday. The
Morocco
Morocco bets on homegrown gaming industry to boost Jobs
Morocco is building a local gaming industry with a developer hub in Rabat, coder training, and youth outreach programs. At
Morocco
Morocco looks to advance AI governance
As part of the recent ‘First National Conference on AI’ Morocco’s United Nations Permanent Representative, Ambassador Omar Hilale explained
Algeria
Algeria embarks on ambitious project to plant 420 million trees
Algeria has launched an ambitious $1 billion initiative to plant 420 million trees over the next ten years, according to