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Three African countries named rising stars of global trade
Standard Chartered which has recently released its Trade20 Index, identifying the 20 world economies with the greatest potential for commercial growth, has listed three African countries as rising stars of global trade. These are Côte d’Ivoire (top), Kenya (3rd) and Ghana (13th). The study, which examined 66 markets around the world, found that while existing […]
Morocco’s Central Bank raises key interest rate to 3% to mitigate inflation
Morocco’s Central bank decided on Tuesday to lift its rates by 50 basis points to 3 percent to counter inflationary pressures exerted both at the domestic and international levels. During its first meeting of 2023 held in Rabat, the Board of Bank Al Maghrib discussed the evolution of the national economic situation and the Bank’s […]
African govt’s should crack down on illicit trade to increase tax revenue — study
As 93% of the most climate-vulnerable countries in the Global South are “drowning in debt, according to a new research from ActionAid, experts warn that illicit trade greatly exacerbates this budgetary disaster, which in turn robs governments of massive amounts of tax revenue while undermining medical, environmental and economic health. The ActionAid study also rings […]



