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Ghana signs debt restructuring deal with bilateral creditors

Ghana signed a memorandum of understanding with bilateral creditors, including France and China, to restructure $5.4 billion worth of debt. The deal was seen as a prerequisite for unlocking $360 million from the IMF under a $3 billion bailout program next month. Ghana was the second African country to default on its debt following Zambia […]

Morocco accelerates renewables and green hydrogen push- Stimson Center

Morocco is stepping up investment in renewable energy and green hydrogen to reduce its heavy dependence on imported fuels and strengthen its role in global climate efforts, according to a report by the Stimson Center. The country currently imports more than 90% of its energy needs, leaving it vulnerable to external shocks. Morocco has raised […]

Morocco: will the King’s arbitration defuse the governmental crisis?

The Istiqlal Party on Wednesday handed over to King Mohammed VI a memorandum expounding the reasons behind the decision it made last May to withdraw from the coalition government led by the Islamist PJD (Party for Justice and Development). The audience granted by the sovereign to the Istiqlal Party’s Secretary General Hamid Chabat is placed […]