Waving flag of Qatar and Tunisia

China Development Bank to support SMEs in Africa with $400-million loan to Cairo-based Afreximbank

The China Development Bank (CDB) and the African Export-Import Bank (Afreximbank) inked Monday August 28 a $400-mllion loan to be used to support the financing of small and medium-sized enterprises (SMEs) across Africa. President of CDB, Mr. Tan Jiong, and President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, signed the […]

Morocco Supports Islamic Military Alliance against Terrorism

Morocco has voiced its firm support to the Islamic Military Counter-Terrorism Coalition (IMCTC) during a meeting held Sunday in Riyadh by top Islamic defense officials. The Moroccan backing to the IMCTC was expressed by minister delegate in charge of the National Defense Administration Abdellatif Loudiy. He said the North African Kingdom offers to the Islamic […]

AfDB supports business climate in Morocco with $1 million grant

The African Development Bank will grant Morocco nearly one million US dollars intended to support efforts to improve the business climate and to strengthen the country’s resilience in the face of COVID-19 economic crisis by accelerating the country’s post-pandemic recovery.   The grant agreement was signed Monday by Morocco’s Ministry of Economy & Finance and […]