The ongoing development projects in Morocco meant the country had to import more equipment and semi-finished products in 2024, leading to an expansion of the trade deficit by 7.3% at 300 billion dirhams ($30 bln). Imports at $76.1 billion outweighed exports at $43 billion, the foreign exchange regulator said. Morocco’s leading exports were cars and […]
Gabon and Sierra Leone have become member of the Fund for Export Development in Africa (FEDA), the impact investment arm of the African Export-Import Bank (“Afreximbank”), set up to support intra-African trade growth, value-add export development, and industrialization. “The accession of these two countries is a crucial step in strengthening its ability to provide significant […]
Kings and Heads of State of Islamic and Arab countries participating in the Arab-Islamic emergency summit held Monday in Doha reiterated their solidarity with Qatar, and condemned Israel’s aggression against its sovereignty. The Arab and Islamic leaders stressed, in the final statement adopted at the end of the summit, that Israel’s aggression against Qatar and […]
