Africa: AfDB- Natixis $50 million agreement to boost trade finance

The African Development Bank has signed a $50 million risk participation agreement, APR, with investment and corporate bank Natixis. The 50/50 risk-sharing agreement covers a portfolio of commercial transactions totaling $100 million, which will support commercial operations worth $600 million in Africa over the next three years, said the African financial institution in a press […]

Libya forms supreme council to harmonize national decision-making

Libya’s Presidential Council and the Government of National Unity have announced on Thursday, November 20, the creation of a Supreme Council of Presidencies, a body designed to unify national decision-making across political, economic and security matters. The Council was established during a founding meeting in Tripoli attended by leaders of the Presidential Council, the Government […]

Mauritanian Products to Enter Moroccan Market as Trade Ties Expand

Strengthening trade between Morocco and Mauritania was at the center of talks on Friday in Rabat between Secretary of State for Foreign Trade, Omar Hejira, and a delegation from the Mauritanian Employers’ Association. The meeting explored opportunities for cooperation, particularly in logistics, goods transit, and the development of Mauritanian exports to the Moroccan market and, […]