North Africa Post
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Emerging Markets Headlines Morocco

Morocco’s Dam Filling Rate Climbs to 36% Thanks to December Rain

North Africa Post

Morocco’s water reserves have seen a sharp improvement following recent rainfall, with the national dam filling rate rising to 36%, up from 33.6% just four days earlier, official data show. As of December 26, the country’s reservoirs held 6.046 billion cubic meters, compared to 5.637 billion cubic meters on December 22, that is a net […]
Africa Finance Headlines Morocco

S&P highlights Morocco’s resilience to external shocks amid global geopolitical uncertainties

North Africa Post

Morocco’s economy is among the most resilient in Africa to external shocks from the war in the Middle East, helped by stronger foreign‑exchange reserves and broader financing options, S&P Global Ratings said, even as it warned that prolonged disruption could strain the sovereign credit outlook. In its assessment of African sovereign exposure, S&P said Morocco […]
Africa Emerging Markets International

BADEA provides Togo $16m to support SMEs

North Africa Post

Togo and the Arab Bank for Economic Development in Africa (BADEA) signed Thursday a $16 million loan earmarked to provide support for the West African country’s Small and Medium Enterprises (SMEs). Togo’s Finance Minister Sani Yaya and the BADEA President Sidi Ould Tah inked the financing deal on the sidelines of the ongoing Africa SME […]