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Morocco partners with IFC to bolster supply chain financing
Morocco’s central Bank has teamed up with the International Finance Corporation (IFC) to improve SMEs access to finance through the development of Supply Chain Finance (SCF), which enables both buyers and suppliers to optimize their working capital, improve cash flow, and receive early payment on invoices. An agreement has been sealed lately between Bank Al-Maghrib […]
Libya: Arab League trapped in recognition of GNA-Ankara maritime agreement
The Arab League has found itself in a difficult position in making a decision over late November maritime agreement between the Libyan UN-backed Government of National Accord, GNA, and Turkey. The GNA and Ankara on Nov. 27 inked a maritime deal which extends Turkey’s maritime border into Libyan waters, an agreement that allows Ankara to […]
Morocco becomes observer member of Andean Community
Morocco has become an observer of the Andean Community of Nations, a free trade area mustering Bolivia, Colombia, Ecuador, and Peru. The Kingdom is the first Arab and African country to gain such a status, which enables it to enhance its presence in Latin America. The decision was made during the 20th meeting of the […]



