East Africa could soon become Africa’s economic powerhouse if ongoing plans to expand the seven-member East African Community (EAC) are implemented successfully, as latest figures from the International Monetary Fund (IMF) indicate. The EAC’s gross domestic product is expected to hit $346.17 billion in 2023, according to the IMF’s latest forecast, which can be attributed […]
Morocco’s central bank (Bank Al-Maghrib ) has agreed to extend its investment agreement for the benefit of the Poverty Reduction and Growth Trust (PRGT) until 2022 in support of IMF’s concessional lending to low-income member countries. The International Monetary Fund (IMF), as Trustee of PRGT, has amended its 2012 investment agreement with Bank Al-Maghrib, through […]
The sixth edition of the CAF Futsal Africa Cup of Nations kicked off Tuesday in the Southern city of Laayoune with an opening ceremony attended by CAF President, Ahmad Ahmad, President of the Moroccan Royal Football Federation, Faouzi Lekja, and several figures from the world of football. The opening game of this championship opposed Equatorial […]
