Berlin Conference jan 19 2020

IFC, Zalar Agri Partner to Support Sustainable Agriculture in Morocco

IFC, a member of the World Bank Group, is providing $24 million in financing, including a $12 million C loan for IFC’s own account and a mobilization of a $12 million B loan through IFC’s syndication program to Zalar Agri, one of Morocco’s leading fruit producers, as part of an effort to create jobs and […]

5+5 Defense Initiative: Army Chiefs pledge from Rabat to foster cooperation against common threats

The chiefs of staff of the armies of member countries of the “5+5 Defense Initiative” approved on Thursday in Rabat their joint action plan set for 2023 and pledged to enhance further cooperation in the fight against illicit trafficking, clandestine migration, terrorism and marine pollution. During their 14th meeting convened under the chairmanship of Morocco, […]

AfCFTA, free movement of people to serve as catalyst for intra-African trade

The implementation of the African Continental Free Trade Area (AfCFTA) is likely to increase the volume of intra-African trade from the current 16% to over 40% by 2045. However, to reach this goal, African countries should promote the free movement of people across their borders to boost intra-African trade, says Stephen Karingi, director at the […]