Bayt-mal-al-qods

World Bank commends Morocco’s Doing Business progress, calls for more growth

Despite Morocco’s significant progress on the Doing Business index, much remains to be done for Morocco to move from 2.8% growth expected this year to 6 or 7% in order to reduce unemployment, World Bank Vice President for MENA region Ferid Belhaj said. Morocco improved its ranking to 53rd position in the doing business index […]

Africans no longer view US as most influential country- Gallup Poll

Africans no longer consider the US as the most influential country in the continent, a position that China has taken, a new Gallup report showed. Median approval ratings of Washington – indicative of the country’s soft power – slipped from 59% in 2022 to 56% in 2023, the report said. Meanwhile, China’s approval in the […]

West Africa: IFC, Orange Bank Africa ink partnership deal to increase digital lending for Small Businesses

The International Finance Corporation (IFC), the World Bank’s arm for the development of the private sector in developing countries, has signed a partnership agreement with Orange Bank Africa (OBA), Orange Group’s digital bank, to “enable the smallest businesses in West Africa to access the financing they need to grow”. As part of the deal signed […]