S&P Global Ratings agency maintained Morocco’s ratings at BBB-/A-3 while upgrading its outlook from negative to stable. The stable outlook reflects expectation that fiscal consolidation will continue over the next few years, which will help stabilize debt. “We could raise the rating if budgetary consolidation prospects materially improve or the ongoing transition toward a more […]
The African Organization for Intellectual Property (OAPI) and the African Guarantee Fund (AGF) have launched a €60.9 million partnership to finance 1,000 innovative projects across 17 African countries by 2030. The agreement, signed this week, aims to transform patents into viable commercial ventures in countries including Burkina Faso, Cameroon, Côte d’Ivoire, Mali, Mauritania, and Senegal. […]
Ahead of the upcoming vote on a new UN Security Council resolution concerning the Sahara issue, Secretary-General António Guterres has released his latest report on the situation urging the extension of the UN mission’s mandate in the territory and echoing many of the themes from previous years, while underscoring a notable international shift towards backing […]
