GRIP

AfDB lends Togo $103mln to support climate resilient farming

The African Development Bank approved a loan of 102.7 million dollars to help Togo farmers boost their resilience to climate change and foster sustainable agricultural practices. The funding also aims at helping farmers reduce greenhouse gas emissions and provides support for small irrigation systems covering at least 39,179 ha, in addition to the provision of […]

Somali gov’t, al-Shabab deny peace talks as president calls on militants to surrender

Both the Somali government and the al-Shabab militant group have denied having held peace talks, which comes after President Hassan Sheikh Mohamud had called on “brainwashed” young al-Shabab fighters to surrender to the government amid ongoing military offensives against the group. The denial came from a senior government official Saturday after Abdulfatah Kasim Mohamud, a […]

Fitch Expects Morocco’s Growth to Reach 3% in 2024 & 3.5% over 2025-2026 Period

Fitch agency has maintained Morocco ‘BB+’ rating with a stable outlook thanks to the country’s sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable liquidity buffers. In 2023, Morocco’s economy grew by 3.4%, driven by strong non-agricultural sector performance and a rebound in agricultural output following a sharp contraction in 2022, said […]