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Category: Business
Much of Africa less safe, secure, democratic than a decade ago — Governance Index
Africa is "less safe, secure and democratic" than it was 10 years ago, says a new report on African governance released by the Mo Ibrahim ... Read More
Morocco to propose a roadmap for renewal of international cooperation for benefit of middle-income countries
Morocco has pledged to propose a roadmap for the renewal of international cooperation for the benefit of middle-income countries. The pledge was made in New ... Read More
‘Africa is no one’s pawn’, says AU chief, as top US, Chinese, Russian officials tour continent
Top American, Chinese and Russian officials — US Treasury Secretary Janet Yellen, Chinese Foreign Minister Qin Gang and Russian Foreign Minister Sergey Lavrov — are ... Read More
Egypt, India ink MoUs in many areas including ICT, cybersecurity
Egypt and India signed several memoranda of understanding covering the areas of ICT, cybersecurity, youths and sports, broadcast, and culture. The MoUs were signed on ... Read More
IMF commends Morocco for mitigating economic impact of external shocks
The IMF highlighted on Jan 24 the “very strong policy response” that Morocco took to mitigate the social and economic impact of the recent negative ... Read More
Norway’s agency to boost fertilizer supply to 850,000 African smallholder farmers
The African Fertilizer Financing Mechanism (AFFM) has received a $10.15 million financing from the Norwegian Agency for Development Cooperation (NORAD) destined to support agricultural projects ... Read More
Algerian President manipulates and inflates economic indicators
Soon after announcing the retrieval of 20 billion dollars, President Tebboune drew mockery when he said that another 36 billion dollar amount was confiscated from ... Read More
Morocco’s subsidies spending surges to $4 bln in 2022
Morocco’s spending to support the purchasing power of its citizens at a context of imported inflation rose to 40 billion dirhams ($4 bln), finance minister ... Read More
Egypt to hold community dialogue on FY 2023/24 budget draft to identify priorities
Egypt will put Financial Year 2023-2024 budget draft to a community dialogue expected to be convened within the next few weeks in view of enhancing ... Read More
Africa: A 4% growth rate in 2023, outpacing IMF’s global forecast — AfDB report
The African Development Bank predicts the continent’s growth will be stronger-than-expected at 4% this year. Its cautiously optimistic economic outlook is partly based on the ... Read More