{"id":78766,"date":"2024-05-23T00:00:00","date_gmt":"2024-05-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/05\/23\/moroccos-bcp-afdb-ink-trade-financing-agreement\/"},"modified":"2024-05-23T00:00:00","modified_gmt":"2024-05-23T00:00:00","slug":"moroccos-bcp-afdb-ink-trade-financing-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/05\/23\/moroccos-bcp-afdb-ink-trade-financing-agreement\/","title":{"rendered":"Morocco\u2019s BCP + AfDB ink trade financing agreement"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco\u2019s BCP + AfDB enter USD 70 mn trade financing agreement: <\/strong>Morocco\u2019s Banque Centrale Populaire (BCP) and the African Development Bank (AfDB) have inked a USD 70 mn risk-sharing agreement (RSA) to boost trade across the continent and expand private sector financing, <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/05\/362773\/afdb-morocco-s-bcp-sign-70-million-deal-to-boost-african-trade-smes#google_vignette\" style=\"\" rel=\"noopener\">Morocco World News<\/a> reports. Under the agreement, local African banks will be allocated an overall risk limit, allowing for greater financial inclusion for economic operations with a focus on SMEs. The initiative is set to encourage SMEs to engage in foreign trade and is expected to generate around USD 200 mn in trade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Saudi Arabia and Nigeria will resume cargo flight operations<\/strong> after several years of suspension. The move came following discussions between Keyamo and Saudi\u2019s Transport and Logistics Minister Saleh Al Jasser on the sidelines of the Future Aviation Forum (FAF) in Riyadh. (<a target=\"_blank\" href=\"https:\/\/x.com\/fkeyamo\/status\/1792832749859987794\/photo\/1\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Stories on our radar this morning from around the region<\/p>\n","protected":false},"author":1,"featured_media":78767,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[63],"tags":[62,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-trade","wpautop","entry"],"acf":{"mongo_id":"0e281b05-2533-4209-96e7-e377b3346c4c","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1894.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Morocco\u2019s BCP + AfDB ink trade financing agreement","related_issue":[78749],"teaser":"Stories on our radar this morning from around the region","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.fba27f1d-439d-4059-9438-6ba55fb06df3.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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