Sierra Leone seeks IMF loan worth $253 million

Sierra Leone has asked the International Monetary Fund (IMF) for a 38-month Extended Credit Facility (ECF) arrangement worth about $253 million. The facility would support restoring stability through continued macroeconomic adjustment to address debt vulnerabilities, reduce inflation, and rebuild international reserves; bolster inclusive growth and poverty reduction through structural reforms and targeted social spending; and […]

The Africa Atlantic Pipeline, Bringing African Gas to the Mediterranean

Morocco is finally reaping the benefits of its south-south driven cooperation policy with African states. The Kingdom’s increasing economic attractiveness and clout in the continent is the fruit of restless efforts led by King Mohammed VI who paid 46 visits to African countries since his accession to the throne. One of the major projects reflecting […]

Morocco Helps Rwanda Set up its Pharmaceutical Plant

Cooper Pharma, a Moroccan pharmaceutical company launched works to build a $6-million plant at the Kigali Special Economic Zone. The plant, which was supported by Rwanda Development Bank, is part of the deals signed during King Mohammed VI visit to Kigali, in October 2016. The plant will locally produce drugs that include beta-lactam antibiotics in […]