African nations struggling with mounting international debt are about to get a lifeline. The African Development Bank’s new refinancing facility isn’t just another bureaucratic solution – it’s potentially a financial game-changer for the continent. The initiative, dubbed The African Financial Stability Mechanism, stands ready for launch after clearing its final hurdles. All that’s needed now […]
Revenue of Morocco’s private clinics and pharmacies dropped significantly, as many patients shun medical treatment over coronavirus fears. Head of Morocco’s private clinics association, Redouan Semlali, said revenue for most clinics dropped by 60 to 85% over the last two months with losses estimated at 100 million dollars. Quoted by L’economiste daily, Semlali said Damane […]
Morocco’s Noor Ouarzazate solar complex, one of the largest solar parks in the world, is playing a key role in Africa’s energy transition, the African Development Bank (AfDB) says in a report posted on its website. Such projects, which aim to provide Africa with energy while preserving the environment, help lay the foundations for more […]
