Category: Finance

African High-Level Ministerial Meeting calls for an equitable global financial architecture

October 13, 2023

The High-Level Ministerial Meeting on accelerating the financing of Africa's emergence, held on Thursday on the sidelines of the WB-IMF Annual Meetings, culminated in the ... Read More

Mauritania, EU ink €10.5-m grant deal

October 13, 2023

The European Union has provided Mauritania with a €10.5 million grant as the European bloc expressed keenness to support the North African country in many ... Read More

EBRD backs Morocco’s efforts to speed up green energy transition

October 12, 2023

The European Bank for Reconstruction and Development (EBRD) is joining efforts with Moroccan Ministry of Energy Transition & Sustainable Development to accelerate the decarbonization of ... Read More

EIB lends Morocco 1 billion euros to back reconstruction efforts

October 12, 2023

The European Investment Bank plans to lend Morocco 1 billion euros over the next three years in support of a reconstruction plan following the earthquake ... Read More

Morocco’s resistance to shocks reflects “strength of its economy & financial system” – IMF

October 11, 2023

Tobias Adrian, Director of Monetary and Capital Markets Department within the International Monetary Fund (IMF) emphasized the resilience of the Moroccan economy and its "impressive ... Read More

Morocco’s OCP Group teams up with WB to unlock Africa’s potential in global food security

October 11, 2023

Morocco’s Phosphate Group (OCP) and the World Bank agreed on Wednesday in Marrakesh to strengthen cooperation ties and programs benefitting five million farmers in Benin, ... Read More

IFC supports Morocco’s food security, financial inclusion, sustainable agriculture, renewable energies

October 10, 2023

The International Financial Corporation, member of the World Bank, announced on Tuesday financial support for Moroccan projects destined to enhance food security, access to finance, ... Read More

Moroccan central bank invests in World Bank green bond

October 10, 2023

Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the ... Read More

Egypt suspends customs duties on essential goods for six months

October 10, 2023

Egypt’s Premier Mostafa Madbouly announced Monday October 9 the government decision to suspend from next Saturday duties and customs on essential goods as part of ... Read More

Marrakech readies for IMF-WB meetings

October 7, 2023

Marrakech, the Red city, has been well-prepared to host the IMF-World Bank annual meetings, a few weeks after a devastating earthquake killed some 3000 people. ... Read More