Morocco: 70 million euros to support trade via Bank of Africa

  • General
  • October 3, 2024
  • 0 Comments

The African Development Bank has approved pound 70 million in financing for Bank of Africa Maroc, aimed at strengthening access to trade finance, particularly for SMEs in transition states. This support consists of a risk participation agreement and a line of credit, catalyzing pound 300 million in trade over the next 3.5 years.

Source: Africa News Agency

  • Related Posts

    Police raid fake alcohol depot in Nyandarua

    Police in Nyandarua County have seized a consignment of second-generation liquor suspected to be counterfeit that was stored in a private house within Mwireri village, in Gikindi Location of Ol-Joro…

    Ward Reps seeks transparency on operationalization of an agricultural project

    Murang’a ward representatives have requested the County Executive Committee Member for agriculture to provide data on local farmers participating in a national government-funded agricultural project. The MCAs have requested all…