First Independent Mena Newspaper
The Moroccan Ministry of Digital Transition and the German Agency for International Cooperation (GIZ) have signed two partnership agreements, aimed at promoting the digital transformation of the administration and the digital inclusion of very small, small and medium-sized enterprises (SMEs) in Morocco. The two agreements, worth €8 million, were inked in Rabat by Minister of […]
The U.S. Agency for International Development (USAID) has praised Morocco’s leadership of the humanitarian response to the devastating earthquake that hit the country on Sept.08. The Agency Administrator Samantha Power has voiced her country’s commitment to support the Government of Morocco’s recovery efforts, as the North African Kingdom’s works to provide immediate, life-saving humanitarian assistance […]
The OPEC Fund for International Development has announced a $500,000 grant to support Morocco’s humanitarian relief efforts following the devastating earthquake that struck Morocco on September 8, 2023. The 7.2-magnitue earthquake has caused serious material damage and claimed nearly 3,000 lives, making it the deadliest quake to hit the North African Kingdom in decades. In […]
Côte d’Ivoire has received from the Islamic Development Bank (IsDB) a financing credit worth $195 million for the construction of a 74km-long road inscribed in the National plan of development, Sika reports. The credit line will finance Bouake-Darakokaha express road, a section of the planned 1,300 km long road project Abidjan-Ouagadougou (Burkina Faso), to cost […]
Senegal’s President Macky Sall has appointed on September 14 Cheikh Issa Sall, Chief Executive Officer (CEO) of Municipal Development Agency as the new head of Caisse des Dépôts et Consignations after firing the Chief of the financial institution Mame Boye Diao, few moments after the latter unveiled his plans to run for next year’s presidential […]
Almost $1 billion will be disbursed by the African Development Bank (AfDB) to young entrepreneurs to help tackle climate change on the continent, AfDB President Akinwumi Adesina announced, noting that failing to invest in the youth will hurt Africa. In an effort to combat climate change, the AfDB and the Global Centre on Adaptation (GCA) […]
The East African countries have not done enough to make sufficient progress in delivering on the pending actions outlined in the East African Monetary Union roadmap for a region’s single currency, according to the East African Budget Network (EABN). Therefore, East African Community (EAC) governments have been urged to fast-track the implementation of a single […]
Two African countries — Nigeria and South Africa — have been listed among the most crypto-savvy countries in the world, according to a new 2023 global survey that also found that the use of cryptocurrency remains a contentious issue in numerous markets across the region. According to the 2023 global survey by Consensys and YouGov, […]
There will be “a very strong focus on the African continent” during the annual meeting of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco, in October, IMF’s chief said in a recent interview with CNN, adding that the timing is ripe as countries on the continent grapple with sluggish growth, […]
Tunisia is now the African country facing the highest default risk as the government remains reluctant to implement reforms to be eligible for an IMF package of $2 billion. With one of the world’s highest wage bills in terms of percentage to GDP, Tunisia under autocratic president Kais Saied, is unwilling to implement painful reforms […]