The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]
Despite the frost in Rabat-Paris relations, France has leant towards Morocco’s stance at the UN urging all parties, including Algeria, to resume the round tables process with a view to finding a political solution to the Sahara conflict, while stressing the pre-eminence of the autonomy plan. “I reaffirm the historic and straightforward and steady support […]
Morocco placed an order with Russian drug maker R-Pharm to acquire Covid-19 vaccine produced under a license from the UK’s AstraZenica, the health ministry said. AstraZenica developped the vaccine together with Oxford and R-Pharm has received the highest portion of vaccine orders globally so far. The deal was distantly signed by health minister Khaled Ait […]
