Egypt t Ras Gharib wind farm project

U.S. and Morocco still negotiating F-35 deal, regional game-changer

The United States and Morocco are still negotiating the sale of F-35 lightning II stealth fighters, according to Africa Intelligence news platform. The deal estimated at $17 billion for 32 aircraft package comes amid Algeria’s acquisition of Russian Su-57 Felon fighters. The military deal, which includes training, and long-term maintenance, will enable Morocco to maintain […]

Morocco, Among Least Indebted Countries in Africa- UNCTAD Says

Morocco was listed among the least indebted countries in Africa in a report issued on July 21 by the United Nations Conference on trade and Development (UNCTAD.) The document, dubbed Economic Development in Africa Report 2016, highlights the sustainability of Morocco’s external debt and the viability of its investments in comparison to other countries in […]

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 […]