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Category: Finance
Ethiopia implements taxation overhaul to address USAID funding gap
Ethiopia's parliament has enacted a sweeping tax reform targeting both private and public sector employees to fill the financial void created by USAID's recent funding ... Read More
WB supports Morocco’s human capital development with $600 Mln funding package
The World Bank has approved a $600 million financing package for the last and third phase of the "Strengthening Human Capital for a Resilient Morocco" ... Read More
Experts urge African nations to shift to local currencies for trade and transactions
Experts at a recent 57th Conference of African Ministers of Finance emphasized the need for African governments to prioritize local currencies for trade and transactions. ... Read More
EBRD supports development of economic zone within Nador West Med industrial port with €110 Mln funding
The European Bank for Reconstruction and Development (EBRD) has announced a loan of €110 million to support the development of an economic zone within the Nador ... Read More
Nigeria to adopt law allowing cryptocurrencies
Nigeria is preparing a new law that would make crypto assets legal in the country, ending years of ambiguity and legal void. Under the new ... Read More
IMF releases $496mln for Morocco under climate-resilience scheme
The International Monetary Fund greenlighted on Tuesday the release of $496 million for Morocco under a Resilience and Sustainability Facility (RSF) to help the north ... Read More
Remittances, tourism receipts to hit record in 2026- Morocco’s central bank says
Two key sources of Morocco’s inflow of hard currency, remittances from Moroccans abroad and tourism receipts are heading towards another record in 2026 at 123 ... Read More
Morocco’s Central Bank cuts key interest rate to stabilize prices & support economic activity
Morocco’s central bank has decided to lower key rate by 25 bps to 2.25 % to ensure price stability and support the country’s economic activity ... Read More
TotalEnergies faces manslaughter investigation in France over 2021 Mozambique attack
French prosecutors have launched a judicial investigation into TotalEnergies, accusing the oil giant of involuntary manslaughter and failing to assist people in danger during a ... Read More
Côte d’Ivoire: Northern border communities face rising extremist threat following aid suspension
Border communities in northern Côte d’Ivoire find themselves increasingly vulnerable as counterterrorism funding crucial to preventing extremist expansion has been suspended. The $20 million US-funded ... Read More