Luxembourg announced on Wednesday the opening of a Trade and Investment Office (LTIO) in Casablanca, the ninth in the world and the first in Africa. The opening of the office comes as part of the strengthening of economic and trade relations between Morocco and Luxembourg. A statement from LTIO Casablanca announced that the […]
Remittances by Moroccan expatriates are expected to increase by 12.9 pc to $10 billion in 2022 before dropping by 4pc to $9.6 billion in 2023 due to the deterioration of economic conditions in the host countries, according to the forecasts of Morocco’ Central bank. As for travel receipts, they are projected to end the year […]
Ethiopia will receive $100 million from the UAE Khalifa Fund for Enterprise Development, KFED, to help promote a culture of innovation and finance prominent projects in the African country. The new agreement, which was signed by Hussain Jasim Al Nowais, chairman, KFED and Admasu Nebebe, Ethiopian Minister of Finance, will help enhance innovation and support […]
