former malian defense minister bah-n-daw

Morocco’s central bank asks banks to freeze distributing dividends

Morocco’s Central Bank, known as Bank Al Maghrib, asked banks not to pay 2019 dividends to shareholders in order to boost their capacity to dealing with the coronavirus repercussions. This recommendation comes after a series of measures including boosting three-fold bank’s refinancing capacity and measures to make loans more accessible for households and companies, the […]

Morocco to launch €82.6 million project to help vulnerable households face climate change

Morocco, in partnership with the international Fund for Agricultural Development(IFAD),agreed to launch a €82.6 million project to help vulnerable households face climate change. IFAD is an international financial institution and a United Nations specialized agency based in Rome – the United Nations’ food and agriculture hub. The project will benefit 11,200 vulnerable households in rural […]

South Korea launches ‘K-rice belt’ covering eight countries in Africa

Korea has launched on Monday a K-Rice project aiming to provide small farmers in Africa with resilient rice varieties that can withstand adverse climate conditions, ensuring improved yields and food security. By establishing the so-called “K-Rice Belt” across eight countries in Africa, the Korean government aims to advance current official development assistance (ODA) programs to […]