First Independent Mena Newspaper
The World Association of PPP Units & PPP Professionals (WAPPP) and the World Association of Investment Promotion Agencies (WAIPA) are keen to help Togo attract private investment to finance its development, both organizations said during a meeting with the country’s leader Faure Gnassigbe, on the sidelines of Abu Dhabi World Investment Forum. Ziad Hayek, President […]
With the interest rates likely to stay high in 2024, governments across Africa are presented with a unique challenge and dilemma as they struggle to pay off rising levels of accumulated debt at the same time as they are being urged by the International Monetary Fund (IMF) to cut costly fuel subsidies and raise more […]
King Mohammed VI chaired, on Tuesday at the Royal Palace of Rabat, a working session on housing and urban planning sector. During the meeting, Minister of National Territory Planning, Urbanism, Housing and City Policy, Ms. Fatima Ezzahra El Mansouri, presented the broad outlines of a new housing assistance program, which is in line with the […]
Germany’s announcement last month that it would provide greater support to the Economic Community of West African States (ECOWAS), in its efforts to secure peace in the region and prevent future crises, suggests that European leaders see the organization as crucial to the future stability of West Africa. The agreement to provide greater financial support […]
African Export-Import Bank has pledged $1 billion in support for Morocco-Africa Trade & Investment program which finances and promotes intra- and extra-African trade. An agreement was inked over the weekend on the sidelines of the 2023 Annual Meetings of the World Bank & the International Monetary Fund held in Marrakesh October 9 to 15. Under […]
The IMF announced Saturday member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a third seat on its executive board at its first meetings on the continent since 1973. The IMF announced Saturday member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a […]
Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, cited, on Saturday in Marrakech, Morocco’s financial inclusion strategy as an example of a “comprehensive” strategy reflecting the Moroccan government’s determination. “To accelerate the process of financial inclusion, governments need to show more determination by putting in place comprehensive national strategies like the Moroccan financial […]
Morocco and Spain have agreed to mobilize €11.6 million from the Debt Conversion Program to finance reconstruction and rehabilitation projects in the areas hardest hit by the earthquake that struck Al Haouz province on September 8. The announcement of this amount was made during a meeting between Spain’s First Vice-President and Minister of Economy and […]
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Friday that price stability is “is a prerequisite for growth and it protects people, especially the poor.” This means the fight against inflation remains paramount. In her address at the plenary session of the 2023 annual meetings of the World Bank and the […]
The UK Foreign, Commonwealth, and Development Office announced on Friday 13 a financial support of up to £1.45 million for Morocco following the devastating earthquake that rattled the region of Al-Haouz on September 8. “The new funding will help address both immediate needs and support longer-term development in the communities most affected, in line with […]