JICA contributes to Morocco’s territorial development projects with a $165 Mln loan

The Japan International Cooperation Agency (JICA) will contribute to the financing of Morocco’s territorial development projects with a $165 Mln loan. The loan agreement was concluded recently between JICA and le Fonds d’Equipement Communal (FEC), which is trying to diversify its sources of financing on an international scale. This comes as Morocco is embarking on […]

Mali junta govt launches terror probe into Tuareg rebel leaders as 2015 peace deal crumbles

Mali has launched an investigation into several ethnic separatists and al-Qaida-linked jihadist leaders for terrorism and money laundering, which also includes a probe into the Tuareg rebel leaders who signed a peace agreement in 2015 and now accuse the government of failing to comply with it. The instructions issued by Mali’s judiciary this week show […]

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 […]