The Executive Board of the International Monetary Fund (IMF) has announced a preliminary agreement to provide financial support to Tanzania and Mauritania, totaling approximately $428.15 million, to help both countries pursue crucial economic reforms. For Mauritania, the IMF will disburse around $39.7 million through the Resilience and Sustainability Facility (RSF), alongside an additional $8.6 million […]
Morocco’s phosphates and fertilizer producer OCP and Spain’s ACS industrial group signed an agreement to build two phosphorus factories for a total cost of 2.7 billion dirhams. The factories will be built in the OCP’s industrial hub of Jorf Lasfar with a production capacity of 5000 tons per day. The two factories will be the […]
Most African countries continue to rely heavily on out-of-pocket payments to fund their health services, warns a new report by the World Health Organization (WHO) Regional office for Africa, urging governments to reduce the financial strains that high health-care costs place on their population. The report, released on Universal Health Coverage Day, found that over […]
