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Morocco denies banning drugs exports to African countries

Moroccan health authorities have refuted the press reports claiming that the Kingdom has banned the exports of drugs to African countries, particularly during the current global health crisis caused by coronavirus pandemic. The Moroccan ministry belied the press report, labeling as “false and baseless” its claims, which seek to tarnish Morocco’s image and its health […]

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 […]

Sahara: Germany reaffirms clear backing to Morocco’s Autonomy Plan

The government of Germany has reaffirmed its strong backing to the autonomy plan offered by Morocco for a lasting resolution of the Sahara regional conflict. The German supportive stand comes in a joint statement released following the meeting held Thursday in Rabat between Moroccan foreign minister Nasser Bourita and German peer Annalena Baerbock, who is […]