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Africa International

East African economies: conflict, drought and inflation signal tough times ahead

North Africa Post

East African economies will decline this year driven due to political instability, unreliable rainfall and reducing agricultural yields, says the latest Macroeconomic Outlook Report for East Africa published by Deloitte, the world’s largest consulting firm. The report that covered Ethiopia, Kenya, Rwanda, Tanzania and Uganda shows that the region’s gross domestic product (GDP) has been […]
Europe Finance Headlines International Morocco

Morocco, France sign two agreements on health, gender equalitry

North Africa Post

Morocco and France signed on Wednesday in Rabat two agreements worth €150 million. The funds are destined to support the Generalization of Compulsory Medical Coverage Program, and the Government Equality Plan 2023-2026. The first agreement, worth €100 million, is part of ongoing support of the French Development Agency (AFD) for the Royal project to globalize […]
Finance Headlines Maghreb Morocco

Morocco to create $4.8 bln strategic investment fund

North Africa Post

Morocco will set up a strategic investment fund worth $4.8 billion to help the economy recover from the coronavirus impact, Finance Minister Mohamed Benchaaboun said Tuesday at a news conference in Rabat. The fund is part of a stimulus package of 120 billion dirhams ($12.8 bln) unveiled by King Mohammed VI at the Throne Day […]

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