Morocco is busy working to ensure the best ever FIFA World Cup final to be organized jointly with Spain and Portugal in 2030. The event, which unites two continents, Europe and Africa, in a divided world, sends a message of peace, tolerance and inclusion. In Morocco, the projects related to this global football tournament have […]
Somalia has achieved a significant financial breakthrough with the United States agreeing to cancel more than $1.1 billion in outstanding loans, representing approximately one-quarter of the nation’s remaining debt burden. This historic agreement marks a crucial step in Somalia’s economic recovery from decades of financial isolation. The debt, largely accumulated during the military dictatorship that […]
Sierra Leone has asked the International Monetary Fund (IMF) for a 38-month Extended Credit Facility (ECF) arrangement worth about $253 million. The facility would support restoring stability through continued macroeconomic adjustment to address debt vulnerabilities, reduce inflation, and rebuild international reserves; bolster inclusive growth and poverty reduction through structural reforms and targeted social spending; and […]
