Category: Finance

Morocco’s economic, financial stability attracts investors- minister

March 8, 2023

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

March 7, 2023

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

March 7, 2023

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

March 7, 2023

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

March 6, 2023

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

March 2, 2023

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

March 2, 2023

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

March 1, 2023

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

February 28, 2023

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

February 28, 2023

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