Zimbabwe bans raw lithium exports as demand, prices soar

Zimbabwe has banned the export of raw lithium from its mines so it can cash in on value addition and stop losing billions of dollars in mineral proceeds to foreign companies. The new regulation is designed to “ensure that the vision of the president to see the country becoming an upper-middle income economy has been […]

IMF revises upwards Morocco’s growth forecast to 1.25% in 2022 and 3% in 2023

The IMF revised upwards its growth projections for the Moroccan economy to 1.25% in 2022 and 3% in 2023, saying Morocco’s resilient exports, robust remittances and tourism recovery had helped offset some of the fallout of external shocks. The Moroccan government however expects growth to stand at 1.5% this year before increasing to 4% next […]

WB Supports Morocco’s Early Education with $500 Mln Loan

The World Bank and Morocco inked on Thursday in Rabat a $500 million loan agreement destined to support the country’s pre-schooling and basic education, key for socioeconomic development and inclusive growth. The WB loan will enable the Moroccan government to improve the quality of preprimary education, enhance the skills of teachers of basic education and […]