Morocco’s 2014 Finance Act is seeking to tackle the issue of prevalent high unemployment while still faced with unfavorable global economic conditions. Although about 140,000 new positions have been created in recent months, the unemployment rate in the country hovers around 8 percent, while the rate reaches almost 18 percent among graduates and about 20 […]
King Mohammed VI has laid out his vision to spur a genuine African investment industry that can guarantee massive, sustainable mobilization of capital and ensure effective integration into financial markets. In a message addressed Monday to the conference of Africa Sovereign Investors Forum “ASIF” convened in Rabat, the Monarch said sovereign wealth and strategic investment […]
African finance ministers have requested the support of the International Monetary Fund, the World Bank and the European Union for bilateral, multilateral and commercial debt relief amid the coronavirus crisis. The request was germinated from the second virtual meeting on Tuesday, hosted by Vera Songwe, Executive Secretary of the Economic Commission for Africa, and […]
