AfDB Grants €70 million financing facility to Morocco’s Bank of Africa to promote African trade

The African Development Bank Group approved a €70-million financing facility for Bank of Africa Maroc (BOA) to promote access to financing African trade. The package comprises a €50 million Risk Participation Agreement (RPA) and a €20 million Trade Finance Line of Credit (TFLOC), the AfDB said in a press release. “The African Development Bank, rated […]

Morocco’s Central Bank Governor Receives 2 Prizes at IMF- WB Event

Abdellatif Jouahri, Governor of Morocco’s Central Bank, Bank Al Maghrib, was distinguished for the second year in a row as one of the best performing heads of central banks in the world by the IMF and the Word Bank Group. Jouahri received an A grade award in Global Finance, awarded at a ceremony on the […]

Moroccan Delegation to Meet UN Envoy for Sahara Next Week in Lisbon

A Moroccan delegation, led by Foreign Minister, will visit Lisbon Tuesday (march 6) for “bilateral talks” with the UN Secretary General’s personal envoy for Western Sahara, Horst Köhler, the Foreign Ministry said on Friday. The Moroccan side’s participation in this meeting, at the “invitation of the personal envoy”, aims to “reach a final political solution […]