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India-Africa trade gains momentum, projected to cross $100 billion in 2024

Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries. Speaking at the Confederation of Indian Industry (CII) and Exim Bank of India conclave […]

IDB Funding for Morocco Amounts to $6.8 bln by 2017

Morocco ranks as the sixth largest recipient of the Islamic Development Bank funding with total loans amounting to $6.8 billion said Economic and Finance Minister Mohamed Boussaid. Speaking at the opening of the 43rd annual meeting of the group, Boussaid said the bank offered $2.9 billion to fund development projects in areas covering energy, transport, […]

U.S. backed Coalition for Climate Entrepreneurship Opens Center in Morocco

The Coalition for Climate Entrepreneurship (CCE) has opened a center in Marrakesh thanks to collaboration between the U.S. Department of State and the Near East Foundation with support from the Elsa & Peter Soderberg Charitable Foundation and Islamic Relief USA. The CCE Hub will provide climate-focused entrepreneurs access to the hardware, software, community, and resources […]