The African Development Bank, through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The guarantee will cover an array of trade finance instruments, including confirmed letters […]
The Peace and Security Council (PSC) of the African Union (AU) has commended Morocco for facilitating capacity-building programs for African election observers. The AU PSC “congratulates the Kingdom of Morocco for having facilitated the capacity-building programs for African election observers and calls for the continuation of this support to the AU Commission”, reads a statement […]
LafargeHolcim Maroc Afrique (LHMA), through its subsidiary Cimenteries du Cameroun (Cimencam), has inaugurated lately an integrated clinker and cement plant in Figuil, located in Cameroon’s North Region. The inauguration ceremony, chaired by Cameroon’s Prime Minister Joseph Dion Nguté, was marked by the presence of several local government officials and LHMA representatives. An investment of $100 […]
