Moroccan banks start to shake off Covid-19 impact

Moroccan banks have shown resilience to the impact of the Covid-19 crisis maintaining enough provisions to face the surge of the cost of risk due to a rise in impaired loans, analysts and the central bank say. The IMF has urged the Central Bank to keep ensuring that the Banks had enough provisions to deal […]

Historic UN ‘oceans treaty’ set to have major benefits for Africa’s struggling fishers

The new legally binding “high seas treaty” to protect marine life in international waters, which cover around half of the planet’s surface, but have long been essentially lawless, will positively affect struggling fishers in Africa and the Global South, according to experts involved in the decade-long negotiations. Conservationists welcomed an agreement over the weekend on […]

African ‘transition states’ at crossroads: experts call for reforms, innovation, and investment

Leading African economists and policymakers have sounded the alarm on the urgent need for governance reforms, domestic resource mobilization, and strategic partnerships to transform the continent’s fragile “transition states” from crisis to growth. Speaking at a recent high-level policy dialogue during the 66th Annual Conference of the Nigerian Economic Society, experts emphasized that 24 African […]