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Morocco to reduce public debt below 70%- Finance Minister

Morocco’s government debt is sustainable as efforts are ongoing to cut it further below 70% of GDP, finance minister Nadia Fettah Alaoui said. The minister made the remark during an interview on le360, following criticism by opposition MPs who warned of the risk of debt unsustainability. Debt to GDP ratio was brought below 70% this […]

AU-EU 25-year partnership strengthened by €20m capacity building initiative

The African Union (AU) and the European Union (EU) have further deepened their 25-year-old partnership with the recent signing of the €20 million EU-African Union Partnership Performance Acceleration Programme (AUPPAP). This agreement, marking the 25th anniversary of AU-EU relations, aims to accelerate integrated development and strengthen institutional capacities across Africa, aligning with the AU’s Agenda […]

Africa’s top finance industry players meet in Togo to discuss economic recovery

African finance ministers and central bank governors are meeting in Lomé, Togo, this Nov. 28-29 for the African Finance Industry Summit (AFIS) to discuss how Africa’s finance industry can contribute to the continent’s economic recovery. Morocco is participating in the African Summit, held under the theme “Sustainable, borderless and digital, Transforming finance in the age […]