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Category: Business
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
Spain Supports Conclusion of New Fisheries Protocol between Morocco, EU (Minister)
Spain's Minister of Agriculture, Fisheries and Food, Luis Planas Puchades, stressed on Friday in Cordoba that his country ''supports the European Union and Morocco in ... Read More
Morocco: Government expects 3.7% growth in 2024
The Moroccan government has released its macroeconomic forecasts for 2024, expecting a growth rate of 3.7% while revising downwards its 2023 growth forecast to 3.4% ... Read More
Senegal, Germany ink agreements for vaccine production
Senegal and Germany signed Thursday two financial agreements for the production of vaccine in the West African country, Senegalese state-run news agency APS reports. The ... Read More