Category: Finance

Ethiopia implements taxation overhaul to address USAID funding gap

March 22, 2025

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

March 21, 2025

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

March 21, 2025

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

March 20, 2025

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

March 20, 2025

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

March 18, 2025

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

March 18, 2025

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

March 18, 2025

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

March 18, 2025

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

March 18, 2025

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