Finance ministry

Sudan’s ‘crisis of epic proportions’ fueled by weapons from foreign supporters, UN warns

The year-old war in Sudan has triggered “a crisis of epic proportions” fueled by material support from foreign supporters who continue to flout United Nations sanctions, top United Nations and African Union officials warned on Friday (19 April). That the rival generals vying for power in Sudan “have been able to sustain their confrontation, it […]

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 […]

US State Department displays Morocco’s undivided map on its international travel information website

The US Department of State has updated Morocco’s undivided map, including the Sahara southern provinces, on its international travel information website. Regarding the international Covid crisis, the State Department website places Morocco in the yellow zone, while Algeria is cataloged in the red zone for terrorism, kidnapping as well as for the Covid 19 virus. […]