Corona -Morocco

Africa: AfDB- Natixis $50 million agreement to boost trade finance

The African Development Bank has signed a $50 million risk participation agreement, APR, with investment and corporate bank Natixis. The 50/50 risk-sharing agreement covers a portfolio of commercial transactions totaling $100 million, which will support commercial operations worth $600 million in Africa over the next three years, said the African financial institution in a press […]

Morocco, Spain’s strategic partner, number one priority of its foreign policy (Spanish FM)

Morocco is a strategic partner and the number one priority of Spain’s foreign policy, said the Spanish Minister of Foreign Affairs, José Manuel Albares, who hailed “the success” of the 12th high-level meeting, held Wednesday and Thursday in Rabat. He told the Spanish public television (TVE) that the 12th high-level meeting has had the most […]

Tunisia cuts 2020 growth forecast, eyes new IMF deal

Tunisia expects a growth rate of just 1% this year, compared with the 2.7% envisaged in the 2020 budget, and plans to seek a new loan deal with the International Monetary Fund (IMF). Tunisian Prime Minister, Elyess Fakhfakh, who made the announcement on Sunday said his government has slashed the country’s economic growth forecast for […]