morocco-africa trade

World Bank to leverage guarantees for increased international financing in Morocco

The World Bank plans to utilize guarantees to draw more international financing to Morocco, said Hiroshi Matano, Executive Vice President of the Multilateral Investment Guarantee Agency (MIGA). “We believe that these guarantees can help Moroccan borrowers (corporate and public institutions and non-sovereign risk counterparties) diversify their financing sources with private capital,” Matano said in an […]

Burkinabe junta’s security strategy of recruiting cheap militiamen backfires — NYT report

By arming civilians who are poorly trained and have little to no respect for human rights, Burkina Faso’s junta-led government has brought the West African nation that once prided itself on tolerance and peaceful interethnic relations to the brink of civil war, says a latest report by The New York Times (NYT). A West Africa […]

Aeronautics: Airbus acquires Spirit AeroSystems major activities, including Casablanca plant

European aircraft manufacturer, Airbus, has agreed with U.S. supplier “Spirit AeroSystems” to acquire the major activities related to its airbus planes manufacturing in five plants, including the Casablanca site. In a press release issued Monday, Airbus said the $559 million acquisition deal aims to ensure stability of supply for its commercial aircraft programs through a […]