Africa mining

Burkina, Niger follow Mali in quitting G5 Sahel anti-jihadist force

The military leaders of Burkina Faso and Niger have announced their countries would follow Mali in quitting the G5 international anti-jihadist force in Africa’s Sahel region, the latest blow to the fight against insurgents in one of the world’s most troubled, conflict-torn areas. Leaders of the five countries involved in G5 Sahel agreed to deploy […]

Morocco’s Attijariwafa Bank buys back $290 million of Gabon’s external debt

Attijariwafa Bank has conducted an early buyback of $290 million of Gabon’s external debt, in a transaction that will ease the debt burden in the country and foster its financial stability. The operation represents 50% of Gabon’s Eurobond. It was made by l’Union Gabonaise de Banque (UGB), the local subsidiary of Attijariwafa Bank. The operation […]

Marrakech Hosts 21st WB-IMF Annual Meetings

The Moroccan tourist city of Marrakech will host the joint annual meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in October 2021. The decision was made by the Boards of Governors of the two institutions. It shows the trust Morocco enjoys at the international scene. The joint WB-IMF meetings bring […]