oil refinery

IMF $3bn bailout package for Ghana defies Akufo-Addo’s ‘Ghana beyond aid’ policy

Ghana, formerly praised for its stability and good governance, is finally getting some breathing room after Ghanian officials announced last week (18 May) that the $3 billion bailout for the West African nations had finally been approved by the International Monetary Fund (IMF) Ghana has been facing a severe economic crisis since the onset of […]

Morocco offers attractive incentives for oil, gas exploration- Forbes

Morocco offers an attractive business climate and numerous incentives to investors in the oil and gas prospection, said Forbes. The US magazine described Morocco as a “North African economic powerhouse” that has a promising oil and gas industry. The article zooms on the efforts undertaken by the Hydrocarbons and mines office (ONHYM) in terms of […]

WB supports Morocco’s social protection efforts with $250 Mln funding

The World Bank has agreed to provide Morocco $250 million funding to support the country’s social protection system which has improved living standards of vulnerable households and expanded access to essential services. In December 2023, Morocco launched the Direct Social Benefit (DSB) program as a key component of the national social protection reform. As of […]