King Mohammed VI has called for strengthening the spirit that drives multilateralism to preserve the world’s stability and peace, stressing the need to boost synergies to address common global climate and socioeconomic challenges. In a message to the main plenary of the Annual Meetings of the World Bank and the International Monetary Fund (IMF) that […]
African Export-Import Bank (Afreximabank) plans to disburse about $85 billion in support of intra-African trade until 2021, Benedict Okey Oramah, the president and chairperson of the bank said. Speaking on the sidelines of the 32nd African Union Summit, Oramah said the move is crucial to achieving African economic integration. He said the bank is working […]
Regulatory reforms implemented in Morocco to promote private sector activity—described as “deeper than expected”—could stimulate growth, reduce the informal economy, and create employment, according to the World Bank Group’s updated Global Economic Prospects report released in Washington. The international financial institution notes that favorable weather conditions contributed to agricultural production recovery in the Kingdom. Current […]
