Russian President Vladimir Putin has approved the draft agreement between his country and Sudan for the establishment of a Russian naval base on the shores of the African country. The draft deal was announced last week and waited for the Russian leader’s stamp. The base will be Russia’s first ever full military presence in Africa […]
Hundreds of Moroccan and American business people are meeting in the Moroccan capital as of this Tuesday to participate in the Business Development Conference, established to foster economic exchanges between the two countries. This private sector complement to the third Morocco-US Strategic Dialogue, launched since 2012, will focus on renewable energy, manufacturing, automotive industry and […]
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a $20 million loan to the Moroccan bank, “Crédit Agricole du Maroc”, to support local exporters and importers The funds will be used to issue guarantees in favor of confirming banks and to provide cash financing for pre-export and post-import financing and for local […]
