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Illicit financial flows cost Africa billions of dollars – Global Tax Justice Network
A new study conducted by a network of NGOs, including the Global Tax Justice Alliance, revealed that Tax evasion costs Africa more than $25 billion a year. As African countries are grappling with the Covid-19 pandemic, tax evasion is considered “unacceptable”, as it reduces revenues that could be spent on citizens’ health. Twenty-three billion dollars […]
AfDB Supports Morocco’s Rural Electrification with €245 Loan
The African Development Bank (AfDB) approved on Wednesday a €245 million loan to the National Office of Electricity and Drinking Water (ONEE) to enable the Moroccan utility company expand its rural electrification projects. “Developing a reliable electricity network will enable the Kingdom to meet an energy demand recording a 5 pc annual growth” said Mohamed […]
CEO of AU Development Agency hails Morocco’s commitment to African Integration
The Chief Executive Officer of the African Union Development Agency, Nardos Bekele-Thomas, welcomed on Wednesday in Rabat Morocco’s commitment to African integration. In a statement to the press following talks with Minister of Foreign Affairs, Nasser Bourita, the African Union official hailed the Kingdom’s support for the work of her agency. The African […]



