Ghana proposes $13 billion bond restructuring to address economic woes

Ghana has extended an invitation to holders of approximately $13 billion in international bonds to exchange their holdings for new instruments. This offer follows a preliminary restructuring agreement with two bondholder groups. The deadline for the offer is September 30, with an early deadline of September 20 offering a 1% consent fee for early participants. […]

Morocco’s handicrafts exports grow to $1 bln- minister

Morocco’s handicrafts exports grew to $1 billion in 2023, up 7% from a year earlier, tourism minister said. Speaking at a fair in Rabat, Fatima Zahra Ammour said her department was working to preserve 32 handicrafts. Morocco’s colourful and diversified handicrafts employ 20% of the total Moroccan workforce. Despite its strong social dimension, the sector […]

Morocco, Spain, Portugal reinforce judicial cooperation ahead of 2030 World Cup

Morocco, Spain and Portugal decided to create a joint judicial cooperation commission to reinforce cooperation ahead of the 2030 World Cup they will co-host. “This commission will be tasked with developing a special framework for judicial cooperation among the three countries, with the aim of supporting the preparations for the 2030 World Cup through the […]