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IsDB & EIB commit $1billion each to co-finance green projects
The Islamic Development Bank (IsDB) and the European Investment Bank pledged to commit $1b each in co-financing green projects, during the 2019 Sukuk Summit, hosted in Luxembourg. Together with the European Investment Bank (EIB), IsDB signed a Memorandum of Understanding (MOU) to strengthen cooperation and committed $1 billion each in co-financing green projects through to […]
Discovery of a major oil deposit in Côte d’Ivoire
Côte d’Ivoire announced in an official statement the discovery of oil in the sedimentary basin of the country, estimated at around 1.5 to 2 billion barrels of oil. gross by the Italian firm Eni and the Ivorian national company Petroci Holding. Ivorian Minister of Mines, Petroleum and Energy Thomas Camara indicates in the statement that […]
IMF Chief impressed by economic progress in Morocco, a shining example of Africa’s greatest potential
The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]



