Niger failed to make a debt payment of 13.4 billion CFA francs ($22 million) last week, the West African debt management agency said on Monday (19 February), bringing the total default to $519 million since a coup in July 2023 and its subsequent suspension from regional financial markets. The West African Economic Monetary Union (WAEMU) […]
Morocco has chosen The Pingry School in Basking Ridge, New Jersey, as its base camp for the FIFA World Cup 2026. The announcement has been made by New Jersey Governor Mikie Sherrill during a meeting held Tuesday with Moroccan Ambassador to the U.S. Youssef Amrani and FIFA World Cup 2026 NYNJ Host Committee CEO Alex […]
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a $20 million loan to the Moroccan bank, “Crédit Agricole du Maroc”, to support local exporters and importers The funds will be used to issue guarantees in favor of confirming banks and to provide cash financing for pre-export and post-import financing and for local […]
