Benin unveils 2023 budget, forecasts 6.5 per cent growth

The administration of President Patrice Talon of Benin has unveiled the 2023 budget put at around $4.5 billion, up from $4.4 billion the previous year. The cabinet also forecasts 6.5 per cent of Gross Domestic Growth (GDP) for the same year, a little higher than the 6 per cent attained last year. The government forecasts […]

World Bank highlights Morocco’s efforts to promote climate-resilient agrifood system

The World Bank has highlighted Morocco’s efforts to transform the agrifood system into a more climate-resilient, inclusive, and sustainable model that produces safe and healthy food. The Kingdom “is implementing a multi-faceted program to promote sustainable agriculture, boost irrigation in drought-prone areas, and make agriculture an attractive proposition for young people,” the Washington-based institution pointed […]

World Bank approves $450 mln loan to help Morocco improve access to financial services

The World Bank approved a $450 million loan to support Morocco’s reforms to expand the availability of financial services and digital infrastructure for individuals and businesses, as well as improving financial inclusion and digital entrepreneurship. The loan seeks to deepen reforms aimed at boosting the financial resilience of households and micro-, small-, and medium-size enterprises […]