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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 […]
SWISS CAVOTEC WILL SUPPLY OCP GROUP ADVANCED CABLE & HOSE REEL SYSTEMS
Swiss Engineering Company Cavotec has announced the signing of an order with TAKRAF India Pvt. Ltd. for the supply of cable and hose reel systems to Morocco’s OCP group, the world’s largest producer of phosphate-based fertilizers. The order comprises seven cable reel systems and six hose reel systems. The systems will provide safe and reliable […]
US Secretary of State Mike Pompeo visits Morocco early December
US Secretary of State Mike Pompeo announced Tuesday in Washington that he will pay a visit to Morocco early December. Mike Pompeo who made the announcement at a news briefing at the State Department described Morocco as “one of the strongest partners” of the United States in the region. “I’m looking forward to reviewing our […]



