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Category: Business
Rabat and Moscow Discuss Bilateral Ties and Upcoming Russia-Africa Summit
The Moroccan-Russian relations and the 2023 Russia-Africa Summit due in St. Petersburg July 27-29 were at the center of talks held Wednesday in Moscow between ... Read More
Benin gets €80 million-loan from AfDB to upgrade Cotonou Port
Benin has secured an 80 million euros loan facility from the African Development Bank (AfDB) to improve and expand Cotonou harbor, one of the main ... Read More
IMF praises Chad’s debt restructuring deal
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva hailed Wednesday the progress made in restoring debt sustainability globally including Chad, at a meeting of ... Read More
Burundi secures $271m loan facility from IMF to support economic reforms
The International Monetary Fund's executive board has rubber-stamped a $271 million Extended Credit Facility meant to address the country’s protracted balance of payments needs, rebuild ... Read More
Morocco receives agreement in principle to obtain status of sectoral dialogue partner from ASEAN
Morocco received the agreement in principle to obtain the status of Sectoral Dialogue Partner from the Association of Southeast Asian Nations (ASEAN), at the 56th ... Read More
EU allocates Tunisia 40 million euros for construction of 80 modern primary schools
The European Union Investment Bank, EIB, has provided Tunisia with 40 million euros to finance the construction of 80 modern primary schools and provision of ... Read More
African Union’s inclusion in G20 receives broad support at India meeting
There has been no disagreement thus far among various Group of 20 (G20) nations over India’s proposal to include the African Union (AU) into the ... Read More
Côte d’Ivoire freezes 2023-2024 cocoa exports due to bad weather
The world's largest producer of cocoa, Côte d’Ivoire, has suspended its 2023-2024 exports citing bad weather that has caused the death of at least 30 ... Read More
Egypt mulls plans to establish three new free Zones
Egypt is considering building three new Free Zones, Prime Minister Mostafa Madbouly announced Sunday to Hossam Heiba, CEO of the General Authority for Investment and ... Read More
Shell, Morocco sign LNG supply agreement
Morocco’s electricity and water utility ONEE signed a deal to buy from Shell 0.5 billion cubic meters of liquified natural gas (LNG) over 12 years ... Read More