Mohammad Younes Menfi – chairman of Libya’s Presidential Council

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 […]

Liberian economic delegation explores investment opportunities in Dakhla-Oued Eddahab

An economic delegation from the Republic of Liberia visited Dakhla on Friday to explore business opportunities in the Dakhla-Oued Eddahab region and discuss ways to strengthen bilateral cooperation in various sectors. This visit is part of the Liberia Economic Promotion Week in Morocco, aimed at showcasing Liberia’s economic potential in various sectors and promoting the […]

UN report sees better prospects for African growth in 2025

The UN Department of Economics and Social Affairs predicts an improvement of overall African growth in 2025 to 3.7% from 3.4$, despite global stagnation. “Economic growth in Africa is projected to strengthen… driven by recovery in the region’s largest economies,” the report says. However, “Central Africa lags behind due to stagnating oil production and political […]