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Africa leads the world in mini-grid investment
Africa has secured 87% of global funding for crucial energy infrastructure, marking significant progress in the continent’s pursuit of sustainable and accessible energy solutions, a 2024 report from the World Bank and the Energy Sector Management Assistance Program (ESMAP) said. From 2021 to 2022, the number of people benefiting from mini-grids in Africa skyrocketed from […]
Holding WB/IMF annual meetings in Morocco, a “judicious” Choice, IMF chief says
Holding the Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco is a “judicious” choice, said IMF Managing Director Kristalina Georgieva Saturday. “The choice couldn’t have been more judicious,” Georgieva told reporters upon arrival in Rabat to take part in a series of preparatory meetings for the 2023 […]
Morocco turns to taxes to cut deficit
Morocco plans to increase the budget for health, education and social safety nets next year but expects the budget deficit to be reduced thanks to an increase in tax revenue, reads the 2023 draft budget. The budget plans to increase in the next four years taxes on companies exceeding 100 million dirhams in annual profits. […]



