Elmar Mammadyarov – Nasser Bourita meeting in Baku

Climate Resilience: IMF supports Morocco’s efforts with $415 Mln funding

The International Monetary Fund (IMF) has approved $415 million to support Morocco’s efforts to mitigate the negative impacts of climate change on its economic growth. Morocco continues to make progress in bolstering its resilience against climate change and seizing the opportunities from decarbonization, under the Resilience and Sustainability Facility (RSF), said the Fund in a […]

Italian PM Meloni’s ‘Africa plan seeks to swap energy investment for migration curbs

The chair of the African Union Commission (AUC) has welcomed Italy’s plan to strengthen relations between Europe and Africa that also includes a proposal to swap Europe’s energy investment for African efforts to curb migration but says ‘we are not beggars’. Italy’s far-right Prime Minister Giorgia Meloni hosted a one-day Italy-Africa summit on Monday (29 […]

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 […]