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AfDB: €84 million funding for sustainable development of Morocco’s forests

The Board of Directors of the African Development Bank (AfDB) has approved an €84 million funding for the sustainable development of forest areas in Morocco, meant to enhance climate resilience and promote local entrepreneurship. The project meant to support the inclusive and sustainable development of forest areas in Morocco aims to contribute to strengthening the […]

Morocco ranks fifth in Africa for foreign exchange reserves

Morocco’s foreign exchange reserves reached a record $48.6 billion in 2025, placing the kingdom fifth among African countries, according to a report by the African Export-Import Bank (Afreximbank). The reserves jumped 30.8% in one year, Morocco’s strongest annual increase since 2021, strengthening its buffer against external shocks and improving its capacity to finance imports. Morocco […]

Guinea’s Transitional Leader pledges constitutional referendum in early 2025

General Mamadi Doumbouya, Guinea’s transitional president, used his New Year’s address, to reaffirm a commitment to restore constitutional order. He announced that in the first quarter of 2025, his administration will sign a decree to organize a referendum on a new constitution. This pledge represents the latest milestone in Guinea’s ongoing transition following the 2021 […]