The Board of Directors of the African Development Bank has approved a €87.6 million loan to Senegal, to implement its Water Development Project for the development of value chains (PROVALE-CV). The loan will be co-financed by the Bank in the amount of €60.8 million (for a project whose total cost is estimated at €122 million) […]
The Casablanca Finance City (CFC) and Istanbul Financial Center (IFC) have agreed to strengthen financial connectivity, promote regional trade, and enhance economic engagement across regional and international markets. The agreement was inked Tuesday by Said Ibrahimi, CEO of Casablanca Finance City Authority and Ahmet İhsan Erdem, CEO of IFC. The two financial hubs pledge to […]
Inflation which stood at 5% in 2022 could have soared to 10% had it not been for proactive measures taken by the government to protect the purchasing power of citizens, finance minister Nadia Fettah Alaoui said. Morocco had increased allocations to the compensation fund to 40 billion dirhams, offered transporters help, while the central bank […]
