green economy financing

Burundi secures $271m loan facility from IMF to support economic reforms

The International Monetary Fund’s executive board has rubber-stamped a $271 million Extended Credit Facility meant to address the country’s protracted balance of payments needs, rebuild external buffers and support the government’s reform agenda. The Washington-based financial bilateral lender will disburse $62.6 million immediately. The loan is Burundi’s first Upper Credit Tranche-quality arrangement with the IMF […]

Angela Merkel to Visit Morocco in 2017

German iron woman and Chancellor Angela Merkel would visit Morocco next year at the invitation of King Mohammed VI. The announcement came Thursday in a statement by the Royal Office, which stated that “Chancellor Angela Merkel accepted the sovereign’s invitation to pay an official visit to Morocco early 2017.” King Mohammed VI and the German […]

U.S. Report on Human Trafficking: Algeria slammed for not meeting ‘minimum standards’

The United Stated slammed Algeria for not respecting the “minimum standards” for the elimination of human trafficking and not making any significant efforts to do so. “The Government of Algeria does not fully meet the minimum standards for the elimination of trafficking and is not making significant efforts to do so”, stresses the 2023 Trafficking […]