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Category: Finance
Morocco’s economic, financial stability attracts investors- minister
Thanks to its sound economic and financial fundamentals, Morocco has fostered its attractiveness to foreign investors, while receiving preferential terms from international financial organizations. Within ... Read More
World Bank suspends partnership with Tunisia due to racism
The World Bank said it halted cooperation with Tunisia after a surge in racism in the country triggered by anti-migrant speech by its president. President ... Read More
IMF intends to offer Morocco $5 bln credit line
The International Monetary Fund intends to approve Morocco’s request for a 5 billion-dollar Flexible Credit Line (FCL) during a meeting of its executive board meeting. ... Read More
African economies to remain resilient despite financial headwinds — AfDB report
Despite the tightening global financial conditions, African economies are expected to remain resilient with a stable outlook in 2023-2024, according to a report by the ... Read More
UN LDC Summit: Rich countries slammed for exploiting poor nations, failing promises
Leaders attending the 5th UN Conference on the Least Developed Countries (LDC5) in Doha, Qatar, have voiced their disappointment and bitterness over the treatment of ... Read More
EU supports Morocco’s socioeconomic development with €500 Mln funding
The European Union announced on Thursday a new financial package worth €500 million for Morocco. The financial support will enable the North African Kingdom to ... Read More
World Bank grants Egypt $9.13 M to expand the greater cairo air pollution management and climate change project
Egypt has secured $9.13-million grants from the World Bank for the expansion of the management of e-waste and healthcare waste under Greater Cairo pollution reduction ... Read More
Qatar, Egypt consider launching joint investment fund
Qatar and Egypt are studying possibilities to set a joint investment fund, Egyptian Minister of Planning Hala Al-Saeed told Bloomberg Tuesday following the signing of ... Read More
Burkina Faso, AfDB ink financing agreements of six projects
Burkina Faso and the African Development Bank (AfDB) signed Monday 10 agreements for financing six projects in the West African country to the tune of ... Read More
What leaving FATF grey list means for Morocco
Morocco has taken measures to improve financial transparency and protect its economy against money laundering and terrorism financing, earning a well-deserved exit of the grey ... Read More