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Mauritania: Chinguitel to be sold
Reports are being echoed that Chinguitel in Mauritania will soon be on the market for grabs. The company is a subsidiary of Sudatel, Sudanese telecommunications operator. Sudatel also has subsidiaries in other several African countries namely Ghana, Guinea, Senegal, and South Sudan under the name Expresso. Reports claim that Sudatel might be selling all these […]
AfDB approves $70 Million risk-sharing agreement with Morocco’s BCP to develop foreign trade
The African Development Bank (AfDB) has approved a $70 million risk-sharing agreement with Morocco’s Banque Centrale Populaire (BCP) to develop foreign trade. This agreement is the second with BCP and is part of a program entitled “50/50 risk-sharing agreement for Morocco’s Banque Centrale Populaire”. It takes place in a context of tightening capital adequacy and […]
Morocco’s planning agency revises downward 2024 growth due to drought
Morocco’s planning agency HCP said drought would ditch this year’s growth rate to 3% from an earlier estimate of 3.4%. The rate is almost similar to that of the IMF, which expected the economy to grow 3.1% this year. HCP expects the economy to recover to 3.4% in 2025, on the hypothesis of a close […]



