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Category: Finance
Morocco forecasts a 4.6 % economic growth in 2025
Morocco forecasts economic growth to rise to 4.6% in 2025, based on current assumptions, Economy and Finance Minister, Nadia Fettah, said in Rabat on Thursday. ... Read More
Morocco takes part in Paris Summit for Sport & Sustainable Development; billions of dollars financing pledged
Moroccan Head of Government Aziz Akhannouch attended, on Thursday, the summit for Sport and Sustainable Development in Paris. This event is being held on the ... Read More
New ‘independent’ Africa credit rating agency on track to launch in 2025
A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on ... Read More
Nigeria fines Meta $220 million for breaching data law
Nigerian authorities fined Meta, the mother company of Facebook, whatsApp and Instagram, 220 million dollars for breaching consumer and data protection laws as well as ... Read More
At Brazil’s G20 summit, IMF aims to get Africa’s unsustainable debt under control
As finance ministers and central bank governors of the G20 convene in Brazil this week (25-26 July), high on the agenda will be the International ... Read More
MENA region: IMF forecasts growth to reach 2.2% in 2024 & 4% in 2025
Growth in the Middle East and North Africa region (MENA) is projected to increase from 1.8% in 2023 to 2,2% in 2024 and 4% in ... Read More
Morocco offers construction aid to 95% of quake-hit households
The Moroccan government said it offered construction aid to 95% of the households whose homes were completely or partly destroyed in the violent earthquake that ... Read More
Kenya’s president dismisses almost entire cabinet amid simmering discontent
Kenyan President William Ruto on Thursday (11 July) fired almost all the ministers in his cabinet, including the attorney general, with immediate effect and promised ... Read More
AfDB lends Morocco Over €600 Mln to fund four inclusive development projects
The African Development Bank has agreed to provide Morocco four loans totaling over €600 million to enable the North African Kingdom build a 105-km long ... Read More
180 million Africans to benefit from World Bank’s $2.5B program to boost inclusive digitalization
The World Bank has launched a new $2.48 billion program that aims to improve internet adoption rates and infrastructure coverage gaps for more than 180 ... Read More