AfDB enters new $1 billion exposure exchange with the Asian Development Bank

The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]

Morocco’s King Calls for Decentralized International Cooperation, a Practical Instrument for Sharing Experiences, Expertise among Local Authorities

The Kingdom of Morocco continues to leverage decentralized international cooperation as a practical instrument for sharing experiences and expertise among local authorities, particularly with African counterparts, King Mohammed VI affirmed. “This is done through the African support fund for international decentralized cooperation of local authorities. Since its establishment in 2020, the Fund has become an […]

Morocco, a Key Geopolitical Player in Euro-Mediterranean – Spanish Analyst

Morocco is a key geopolitical player in the Euro-Mediterranean region, said Spanish geopolitical analyst Francisco Lázaro, in a column published Wednesday in El Correo daily, describing the Kingdom as an emerging regional power, equipped with advanced industrial infrastructure and a diversified economy. Lázaro noted that the Kingdom’s notable economic and military progress, including its attractiveness […]