Related Articles
Morocco’s Ithmar Capital and African Development Bank Deepen Pact to Mobilize Africa’s Sovereign Wealth
Morocco’s Ithmar Capital and the African Development Bank Group have announced a strengthened strategic partnership aimed at intensifying the mobilization of African institutional capital for cross-border infrastructure projects. The announcement, made in Abidjan, brings together the AfDB Group and the Africa Sovereign Investors Forum (ASIF), chaired by Ithmar Capital’s CEO Obaïd Amrane. Building on their […]
WB warns against impact of drought & water stress in Morocco
The World Bank has warned against the macroeconomic impact of droughts and water scarcity in Morocco wherein economic growth is expected to slow down in 2022 to 1.3 pc from 7.9 pc posted last year. While low rainfall shocks have historically been a driver of macroeconomic volatility in Morocco, droughts tended to be followed by […]
Algeria Continues to Reel under Impact of Oil Prices Fall-IMF
Despite a sizable fiscal consolidation in 2017, the fiscal and current account deficits remain large in Algeria, which continues to face important challenges posed by the fall in oil prices four years ago, the IMF said. The fall in oil revenues was mostly felt in Algeria’s reserves which fell by $17 billion to $96 billion […]



