fisheries

Morocco government to expand its budget by $1 bln

The Moroccan government requested the approval of the parliament to increase its budget by an additional $1 billion or 10 billion dirhams to meet rising expenditures, Moroccan economic media reported. The funds are needed to bolster the budget amid an inflationary context marked particularly by drought and reforms. In this respect, 4 billion dirhams of […]

IFC to help Crédit du Maroc Bank facilitate development of SMEs, women’s entrepreneurship, green projects

The International Finance Corporation (IFC) will help Crédit du Maroc Bank facilitate the development of small and medium-sized enterprises (SMEs), women’s entrepreneurship, and green projects with a $100 million financing package. This agreement is in line with IFC’s strategy in Morocco, which aims to support private sector-led economic growth and job creation by promoting the […]

Africa’s economic growth to outpace global average in 2024 — Afreximbank report

The economic growth across Africa is projected to exceed global average this year, according to a new report published by the Afreximbank, despite several downside risks, including increasing levels of sovereign debt, associated sustainability risks, and excessive exposure to adverse terms-of-trade shocks. The report entitled ‘A Resilient Africa: Delivering Growth in a Turbulent World’, the […]