This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Category: Finance
Morocco to treat IMF credit line as precautionary
Morocco will continue to consider the IMF flexible credit line of $5 billion as precautionary and would only draw on it in case of external ... Read More
Tunisia’s economic outlook dims as President rejects IMF conditions
Cash-strapped Tunisia continues to face headwinds in its quest to obtain a lifeline $1.9 billion credit from the IMF whose conditions are now openly rejected ... Read More
Where is the money? — Tanzania misused billions of covid-19 funds
After first denying the covid-19 crisis, Tanzania is now unable to account fully for aid received from abroad, as the country’s controller and auditor general ... Read More
Tunisia: Kais Saied opposes agreement with IMF
Tunisia has been running for more than a year behind an IMF loan and its biggest partners, in particular the European Union, and the United ... Read More
West Africa struggles to raise funds on regional capital market — experts
The eight member countries of the West African Economic and Monetary Union (WAEMU) are struggling to raise funds on the regional capital market, as investors ... Read More
Egypt, Nigeria, South Africa slowing down Africa’s growth, says World Bank
A new report by World Bank has highlighted the underperformance of Egypt, Nigeria, South Africa and other African big economies, saying they are slowing down ... Read More
WB grants additional funding of $250 million to finance Morocco’s education support program
The World Bank has granted Morocco an additional funding of $250 million to finance the Support to Education Sector Program. This additional funding will bring ... Read More
Burkina Faso increases defense budget by nearly 50 per cent for 2023
Burkina Faso authorities have budgeted $1.09 billion for defense expenditure this year, an increase of 49.43 per cent compared to last year, to address security ... Read More
Morocco calls for securing financial independence of AU
Morocco insisted, Wednesday in Addis Ababa, before the first meeting of the Permanent Representatives Committee of the African Union (PRC) under Comorian chairmanship, on the ... Read More
WB supports Morocco’s financial & digital inclusion with $450 Mln funding
The World Bank has approved a third Development Policy Financing (DPF) of $450 million for Morocco to enable the country advance financial and digital inclusion, ... Read More