Ivanka-Trump at Global Women’s Forum Dubai feb 2020

AfDB launches transaction guarantee to support SMEs, trade in Africa

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 […]

Moroccan authorities on alert after incitement to mass migration on social media

Morocco has strengthened its security forces in the north to prevent potential mass migration attempts following a campaign of incitement to illegal crossings on social media. Videos shared by local news outlets and social media showed a heavy police deployment near the Spanish-occupied enclave of Ceuta. Authorities have arrested at least 60 people for their […]

Morocco revises downward 2019 growth to 2.9 pct

Morocco said its economy will grow by 2.9% in 2019 after 3% in 2018 as the economy continues to be affected by agricultural output, according to finance minister Mohamed Benchaaboun. Rainfall was about 23% less this year compared with 2018, so cereals yield was down 50% compared to a year earlier further deepening the trade […]