Morocco has launched a new online platform destined to streamline import and export operations in a move aimed at cutting delays, reducing costs and boosting further the country’s economic and trading competitivity. To cut red-type and facilitates administrative procedures, several Moroccan institutions, including the Customs, the Port authorities, the foreign trade department and PortNet have […]
With Chinese lending to Africa shrinking, the continent must focus on increasing its internal trade, diversifying trade-able goods away from commodities, and developing and solidifying its relationships with other global economic partners, according to a senior official at the Asia Business Council. The continent has long had robust economic ties with China, but now faces […]
A suit has been filed against Goldman Sachs in London’s high court, by Libya’s sovereign investment fund, for making a profit of $350 million from the creation of $1 billion in derivatives trades that became valueless. With the Libyan Investment Authority, a sovereign fund, seeking losses from the trade, a spokesman for Goldman Sachs said […]
