AFCON 2019

Morocco’s citrus make debut in Japan

Morocco started exporting citrus to Japan, one of the world’s most demanding markets in terms of quality and traceability. “We hope to see more Moroccan citrus fruits in Japan, as the Japanese love them,” said Yoichi Fukuda, a Japanese importer quoted in a statement following the first shipment. In 2023, Moroccan agri-food exports to Japan […]

Mauritania, Islamic Development Bank sign €116.6 million financing deals for health and energy

Mauritania and the Islamic Development Bank (IsDB) have signed two financing agreements worth €116.6 million to strengthen the country’s health and energy sectors.   The agreements were signed in Jeddah by Mauritania’s Minister of Economic Affairs, Abdallah Ould Souleymane Ould Cheikh Sidia, and IsDB Vice-President for Operations, Rami Ahmed, in the presence of senior Mauritanian […]

Libya’s Central Bank devalues Dinar by 13.3% amid ongoing political divisions

The Central Bank of Libya (CBL) has announced a significant 13.3% devaluation of the Libyan dinar, adjusting the exchange rate to 5.5677 dinars per US dollar, effective from April 6, 2025. This decision marks a shift from the previous rate of 0.1555 to 0.1349 Special Drawing Rights (SDRs) per dinar. The move comes as part […]