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Morocco hosts NATO’s Regional Endeavor 2025 to foster regional peace & stability

Morocco hosted NATO’s Regional Endeavor 2025 to strengthen further regional cooperation, dialogue and interoperability between NATO partners for peace and stability. Organized by Allied Joint Force Command Naples (JFC Naples) and hosted by the Royal Moroccan Armed Forces from 28 April to 2 May, the event was opened by Brigadier Aziz Idrissi Yazani, head of […]

EBRD Lends Figeac Aéro €38 Mln for Expansion in Morocco & Tunisia

The European Bank for Reconstruction and Development has lent French aerospace manufacturer Figeac Aéro SA €38 million to finance its production expansion in Morocco and Tunisia. The EBRD loan will support the transfer of skills and advanced technology and an improvement in local quality standards towards international levels. The creation of new jobs in countries […]

Somalia’s banking: Turkish and Egyptian banks issued first post-war licenses

Central Bank of Somalia (CBS) has recently granted its first two foreign banking licenses — to Turkey’s Ziraat Katılım bank and Egypt’s Banque Misr — in decades as the country seeks to rebuild its financial sector and attract international investment. Both state-owned financial institutions were approved by Somalia’s central bank at the start of July. […]