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Category: Business
Where is the money? — Tanzania misused billions of covid-19 funds
After first denying the covid-19 crisis, Tanzania is now unable to account fully for aid received from abroad, as the country’s controller and auditor general ... Read More
Morocco lifts travel restrictions on visitors coming from China
Morocco lifted entry restrictions imposed on travelers coming from China as of April 5, 2023, the Chinese Embassy in Rabat said in a statement released ... Read More
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
Africa’s trade deals with EU, UK expose differences in negotiation effectiveness
One of the most striking differences between the approaches by the European Union and the United Kingdom to negotiating trade deals with Africa is the ... 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
Morocco re-elected by acclamation to UN Commission on Narcotic Drugs
The UN Economic and Social Council on Wednesday re-elected Morocco, by acclamation, as a member of the Commission on Narcotic Drugs, the UN's central decision-making ... 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
Electric Vehicles: LG Energy Solution Chooses Morocco to Secure Lithium Supplies
Morocco’s gigafactory ecosystem is taking form. South Korean LG Energy Solution Ltd, the world’s 2nd-largest battery maker for electric vehicles, turned to Morocco to secure ... Read More