Africa Economic & Monetary Sovereignty

Mauritania: Government Canvasses for President’s Stay in Power after 2019

Tensions raised high in Mauritania Wednesday as the Government went public calling for constitutional change to allow the current President to stand for elections in 2019, in contrast to current constitution which limits power to two terms in a row. On Tuesday, the Government’s spokesman Mohamed Lemine Ould Cheikh said at a press conference that […]

Morocco plans to draw on IMF liquidity line – media

Morocco is about to tap into a $3 billion precautionary liquidity line, offered by the IMF in 2018 to help the country face external shocks, Moroccan media reported. The Moroccan government removed the limit on foreign debt on Monday in order to meet its financing needs amid a rise in expenditures and a drop in […]

Morocco’s Arma seeks African expansion

Like many state and private Moroccan companies, waste management company Arma said it plans to set up a waste management plant in Abidjan where it is finalizing deals with suppliers. The company’s CEO Youssef Ahizoun told Reuters the plastic waste recycling plant would be ready within few months. Arma investment would be the first by […]