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Category: Finance
Tunisia: Kais Saied opposes agreement with IMF
Tunisia has been running for more than a year behind an IMF loan and its biggest partners, in particular the European Union, and the United ... Read More
West Africa struggles to raise funds on regional capital market — experts
The eight member countries of the West African Economic and Monetary Union (WAEMU) are struggling to raise funds on the regional capital market, as investors ... Read More
Egypt, Nigeria, South Africa slowing down Africa’s growth, says World Bank
A new report by World Bank has highlighted the underperformance of Egypt, Nigeria, South Africa and other African big economies, saying they are slowing down ... Read More
WB grants additional funding of $250 million to finance Morocco’s education support program
The World Bank has granted Morocco an additional funding of $250 million to finance the Support to Education Sector Program. This additional funding will bring ... Read More
Burkina Faso increases defense budget by nearly 50 per cent for 2023
Burkina Faso authorities have budgeted $1.09 billion for defense expenditure this year, an increase of 49.43 per cent compared to last year, to address security ... Read More
Morocco calls for securing financial independence of AU
Morocco insisted, Wednesday in Addis Ababa, before the first meeting of the Permanent Representatives Committee of the African Union (PRC) under Comorian chairmanship, on the ... Read More
WB supports Morocco’s financial & digital inclusion with $450 Mln funding
The World Bank has approved a third Development Policy Financing (DPF) of $450 million for Morocco to enable the country advance financial and digital inclusion, ... Read More
IMF: Morocco gets $5 Bln credit line to enhance its economic resilience & external buffers
The International Monetary Fund (IMF) decided on Monday to provide a $5 billion precautionary flexible credit line (FCL) to Morocco to enhance the country’s external ... Read More
EU grants Egypt $40 million to enhance food security
The European Union (EU) has granted Egypt $40 million earn-marked for the improvement of food security in the North African country, Egypt’s International Cooperation Ministry ... Read More
S&P maintains Morocco’s rating at BB+/B with a stable outlook
Credit rating agency Standard & Poor's Global Ratings has maintained Morocco's sovereign credit rating at BB+/B with a "stable outlook", attributed to the country’s ongoing ... Read More