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IMF Chief Welcomes Morocco’s Budgetary & Sectoral Reforms

IMF Managing Director, Christine Lagarde, commended Morocco for the “genuine” budgetary and sectoral reforms it has undertaken to balance its finances. The IMF head told the press on the sidelines of the annual meetings of the IMF and the World Bank that Morocco has used its credit line to carry out fiscal and structural reforms. […]

Côte d’Ivoire launches Lobo gold mine expected to generate $259m in proceeds

Australian gold explorer and developer company Tietto Minerals has inaugurated a gold mine in Côte d’Ivoire for a total investment of $278 million. The mine is expected to generate $259 million revenues for the Ivorian State, ‘Sika Finance’ reports. The mine dubbed Lobo is named after the river housing it. It is situated in Daloa […]

Morocco among top 10 on Climate Change Performance Index 2021

The kingdom of Morocco has featured among top ten countries on Climate Change Performance Index (CCPI) 2021, a position making the North African country one of the three world’s smaller countries to have made progress in reducing carbon emission. The Arab country occupies the seventh spot right behind respectively Sweden (4th), United Kingdom (5th) and […]