Libya

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 […]

COVID-19: Extension of state of health emergency in Morocco until March 10, 2021

The Moroccan government Council, held in Rabat this Thursday Feb.04, has decided to extend the state of health emergency, that was scheduled to expire on Feb. 10, until March 10, 2021. The Council adopted the draft decree extending the state of health emergency throughout the national territory from Wednesday, February 10 at 6 p.m. to […]

UN report reveals widespread job losses across Africa, deepening unemployment crisis

A new United Nations report has unveiled a troubling trend in global unemployment, with African nations bearing a disproportionate burden of job losses between 2018 and 2023. Eight African countries rank among the world’s 22 nations experiencing the most severe unemployment increases, according to the World Social Report 2024. The findings, released by the UN […]