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European Commissioner: EU ready to prop up Moroccan SMEs

European Union Commissioner for Neighborhood & Enlargement Olivér Várhelyi has voiced the European bloc’s readiness to support Moroccan small & medium-sized enterprises (SMEs). “We are ready to cooperate with you, especially in green energy transition, trade facilitation, digitalization and support for SMEs,” said Mr. Várhelyi during a meeting held Wednesday in Rabat with Head of […]

Senegal’s public debt nears 80% of GDP amid fiscal strain

Senegal is facing mounting fiscal challenges as its public debt approaches 80% of GDP, driven by rising borrowing costs, persistent energy subsidies, and the lingering effects of post-COVID recovery spending. The government is under increasing pressure to balance its budget while maintaining critical social and infrastructure investments. According to a recent World Bank report, Senegal’s […]

Africa continues to open its skies with Single Air Transport Market gaining momentum

The African Union’s (AU) Single African Air Transport Market (SAATM) is making significant strides, with 39 African nations now part of the initiative, promising the make air travel around the continent more affordable. Speaking at the AU Summit, AU commissioner for infrastructure and energy, Amani Abou-Zeid, emphasized that the SAATM is a critical component in […]