The World Bank’s new president, David Malpass, announced over the week plans to boost lending to African countries to help fight poverty. Malpass made the statement after touring Madagascar, Ethiopia and Mozambique on April 29-May 3. He met with these countries’ leaders and stakeholders and visited World Bank-funded projects. Africa is working at reducing poverty […]
In implementation of Royal instructions, the government is preparing a reform of state-owned enterprises with a view to improving good governance, economic and social efficiency and reduce dependence on state budget, Finance Minister Mohamed Benchaaboun said. The development of these enterprises is hindered by several issues, notably low returns and dependence on state budget, which […]
The Democratic Republic of Congo (DRC) has suspended the political party of former president Joseph Kabila, accusing him of high treason over alleged links to the Rwanda-backed M23 rebel group. The Interior Ministry announced the suspension of Kabila’s People’s Party for Reconstruction and Democracy (PPRD) and ordered the seizure of assets belonging to him and […]
