Solar Energy: AECF earmarks $20 million for SMEs & Startups in five African Countries

The African Enterprise Challenge Fund (AECF), an investment fund set up by the British government has announced a new investment of $20 million to support small and medium-sized enterprises (SMEs) and start-ups in five African countries. Ethiopia, Ghana, Nigeria, Senegal and Somalia are the selected countries for the React Household Solar Round 2 competition. AECF […]

Kais Saied fires Minister of Economy

Tunisia’s President fired Tuesday October 17 the country’s Minister of Economy Samir Saïed amid economic hardship that has gripped the North African country. Saied’s office said Finance Minister Sihem Nemsia will also double as caretaker of the ministry. Tunisia has been facing economic distress caused by the Covid-19 pandemic and the ongoing Russia-Ukraine. Many partners […]

IMF reviews upwards Morocco’s economic growth in 2021 to 5.7 %, best performance in MENA region

The International Monetary Fund (IMF) has reviewed upwards its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 5.7 % in 2021, which is the best performance in the Middle East & North Africa Region. The IMF new outlook takes into account several factors including the resilience of Moroccan economy and the […]