In a move to restore its economy after the 2011 uprising, Tunisia plans to issue for the first time an Islamic bond or sukuk worth 700m dinars ($435.85m) with the guarantee of the Islamic Development Bank and $1.8bn in new foreign bonds this year; $880m guaranteed by the United States and $1bn guaranteed by Japan. […]
South Africa and Morocco have multiple cooperation prospects as two of the continent’s most advanced economies but the potential of their bilateral ties was left untapped due to Pretoria’s hostile stands towards the Kingdom’s territorial integrity. Pretoria has recognized the Algerian-backed separatist front of the Polisario in 2004. Since then diplomatic ties were downgraded. In […]
Morocco will become in 2021 the first country in Africa to use the F16 Viper fighter jets, a well-informed local news outlet reported. An order has been placed by Morocco’s Royal Air Force to acquire 12 of the multi-purpose fighter jets, le360.ma reported. “Morocco was one of the first African countries to express interest in […]
