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BADEA provides Togo $16m to support SMEs
Togo and the Arab Bank for Economic Development in Africa (BADEA) signed Thursday a $16 million loan earmarked to provide support for the West African country’s Small and Medium Enterprises (SMEs). Togo’s Finance Minister Sani Yaya and the BADEA President Sidi Ould Tah inked the financing deal on the sidelines of the ongoing Africa SME […]
Morocco pays tribute to Moussa Faki Mahamat’s leadership at helm of AU Commission
The Moroccan delegation participating in the 46th session of the African Union (AU) Executive Committee paid a heartfelt tribute to Moussa Faki Mahamat’s leadership as head of the African Union Commission (AUC). Speaking on Thursday during the presentation of the annual report on the Union’s activities, its organs, and designated leaders, the Moroccan delegation highly […]
Morocco’s budget deficit drops to $6.4 bln in 2024
Morocco’s budget deficit shrunk to 64.4 billion dirhams ($6.4 bln) in 2024, from 74.9 billion dirhams, as a rise in government revenue continued to offset higher spending, the Moroccan treasury said. The deficit eased to 3.9% last year from 4.4% a year earlier, as the government increases its ordinary revenue and tax receipts, it said. […]



