East Africa Commercial and Logistics Center is expected to open in Tanzania’s capital city, Dar es Salaam, in June 2024, providing trade and investment opportunities for the public. Speaking at the 47th International Trade Fair that was recently held in Tanzania, Executive Director at Taikang Asset Management, Cathy Wang, said that to facilitate and add […]
Morocco’s budget deficit shrunk to 64.4 billion dirhams ($6.4 bln) in 2024, from 74.9 billion dirhams, as a rise in government revenue continued to offset higher spending, the Moroccan treasury said. The deficit eased to 3.9% last year from 4.4% a year earlier, as the government increases its ordinary revenue and tax receipts, it said. […]
US Treasury Secretary Janet Yellen started Wednesday an 11-day trip to Africa, aimed at deepening economic ties on the continent where China has become a key player. Yellen’s travel to Senegal, Zambia and South Africa comes after a detour to Switzerland where she was to meet Chinese Vice Premier Liu He on macroeconomic issues. The […]
