Category: Finance
Morocco, sole country eligible for flexible credit line in MENA Region – IMF Chief
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, highlighted Morocco’s exceptional economic management, noting that it is the only country in the ... Read More
Libya: Currency diversion prompts scrutiny of banking practices
Allegations concerning the unauthorized appearance of local currency within the black market in Tripoli have been observed by the Central Bank of Libya’s media office. ... Read More
US Firm picked to oversee Libyan Central Bank’s financial transactions
A new phase in Libya’s financial oversight has been initiated through the appointment of the American advisory firm K2 Integrity, which has been tasked with ... Read More
Morocco’s consumer price index falls 0.3% amid uneven regional impact
Morocco's consumer price index (CPI) decreased by 0.3% in March 2025, according to the latest data from the High Commission for Planning (HCP), as reported ... Read More
IMF projects Kenya to dethrone Ethiopia as East Africa’s largest economy in 2025
Kenya is set to become East Africa’s largest economy by 2025, overtaking Ethiopia, according to new projections from the International Monetary Fund (IMF). The IMF ... Read More
Morocco’s OCP plans international bond sale
Morocco’s phosphates and fertilizers producer OCP plans to issue a dual-tranche bond of 5 and 10 years, Reuters reported. OCP has mandated Citi and JP ... Read More
Uncertainty over AGOA casts shadow on African trade as U.S. tariffs weigh on markets
Talks over the future of the African Growth and Opportunity Act (AGOA) are set to begin by July, but African nations face growing uncertainty as ... Read More
Sudan: AfDB $19.85 million grant to support humanitarian recovery & resilience
The Board of Directors of the African Development Bank has approved a $19.85 million grant to support a humanitarian and resilience operation in Sudan over ... Read More
Tunisia: Police, civilians clash amid unrest in Mezzouna
Clashes were reported between protesters and Police in the town of Mezzouna, in Tunisia’s Sidi Bouzid Governorate, after three students were killed following the collapse ... Read More
Moroccan stock exchange, Mauritania’s central bank team up to set up stock market in Nouakchott
Mauritania’s central bank has picked Casablanca stock exchange as a partner to help it set up the country’s first stock market in Nouakchott. This breakthrough ... Read More