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Category: Finance
Findev Canada approves €20mln loan to boost agri-food, renewable energy in West Africa
Canada's development financial institution, Findev Canada, has approved recently a €20mln loan to the West African Development Bank destined to boost agri-food and renewable energy ... Read More
Burundi, Belgium ink €75 million cooperation deal
Burundi and Belgium have sealed a deal worth €75 million covering five cooperation areas namely health, education, agriculture, climate change, and good governance, Cooperation ministry ... Read More
Fitch: Moroccan Banks show resilience despite Macro-economic challenges
Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven ... Read More
WB Supports Morocco’s Social Protection and Health Insurance with $500 Mln Funding
The World Bank has approved a new $ 500 million loan for Morocco which is stepping efforts to improve social protection and expand health coverage ... Read More
Morocco: Bill regulating crypto assets in the pipeline
Morocco is drafting a bill to regulate crypto assets in line with the recommendations made during the last G20 Summit, Governor of the central bank ... Read More
Morocco’s special earthquake reconstruction fund hits $2 bln milestone
The special fund launched to finance reconstruction efforts in quake-hit areas is about to hit the $2 billion milestone or 20 billion dirhams, central bank ... Read More
Morocco’s central bank keeps key borrowing rate unchanged at 3%, sees growth at 3.2% in 2024
Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to ... Read More
Saudi Fund, Mauritania ink $40m loan deal
The Saudi Fund for Development, SFD, provided Monday December 18 Mauritania with a soft credit line of $40 million earmarked for the construction and equipment ... Read More
Africa faces looming ‘debt crisis’ and ‘lost decade’, warns World Bank
Developing countries are on a "path to debt crisis" and another "lost decade", World Bank warns in its latest annual publication, unless African and other ... Read More
Benin gets €39m loan from AfDB to boost private sector’s contribution to economic development
The Board of Directors of the African Development Fund, the African Development Bank Group’s concessional window, approved a €38.84 million loan to Benin to help ... Read More