Notre-Dame Cathedral

IMF releases $496mln for Morocco under climate-resilience scheme

The International Monetary Fund greenlighted on Tuesday the release of $496 million for Morocco under a Resilience and Sustainability Facility (RSF) to help the north African country address climate challenges. The new funding brings the total disbursement of the IMF under the RSF to about $1.24 billion. The IMF had approved a $1.32 billion loan […]

Mauritania: IMF warns of fragile progress amid structural, geopolitical pressures

The International Monetary Fund’s 2024–2025 Executive Board report offers a nuanced view of Mauritania’s economic outlook, acknowledging strides in macroeconomic stability and reform while underlining persistent vulnerabilities. Security instability in the broader Sahel region remains a critical constraint, diverting public resources toward defense and deterring foreign investment. The fragile regional context, coupled with Mauritania’s reliance […]

Mauritania and China Sign Agreement on Partial Debt Cancellation

Mauritania and China have signed a MoU in Nouakchott on 29 June for the partial cancellation of Mauritania’s debt, marking a fresh step in bilateral economic cooperation. The agreement was signed by Mauritanian Minister of Economic Affairs and Development Abdallahy Ould Souleymane Ould Cheikh Sidiya and Chinese Ambassador Tang Zhongdong. Speaking at the ceremony, the […]