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Category: Business
KfW supports Morocco’s financial system reform with €165 Mln funding
German Development Bank (KfW) has pledged to provide Morocco €165 million funding to continue reforming its financial system which has shown resilience to external shocks. ... Read More
Morocco to unveil 100% locally made petrol-powered car
Morocco will soon unveil the first 100% locally made petrol-powered car, building on an existing network of suppliers with an affordable cost, industry minister Ryad ... Read More
Malawi granted IMF food-shock funding to mitigate impact of global food shortage
The International Monetary Fund (IMF) has approved financing to cope with rising global food prices for Malawi, the first low-income nation to receive financing from ... Read More
Côte d’Ivoire, Ghana hail progress in making cocoa buyers pay premium to farmers
Côte d’Ivoire and Ghana, the world's two largest cocoa producers, as well as the Ivorian-Ghanian Cocoa Initiative (CIGCI), created to guarantee a minimum income to ... Read More
Hospital operator Akdital to make an offering at Casablanca stock exchange
Akdital, a Moroccan group that owns 15 clinics in Morocco, plans an Initial Public Offering at the Casablanca stock exchange to raise 1.2 billion dirhams. ... Read More
Morocco’s King urges Gvt, stakeholders to accelerate development of renewable energies, green hydrogen
King Mohammed VI has urged the Government and all stakeholders to speed up the development of renewable energies, especially solar and wind energy, as well ... Read More
Morocco’s OCP launches its 1st carbon farming project in Brazil
Morocco’s state-owned OCP Group, the world’s largest producer of phosphate-based fertilizers, announced on Tuesday its first carbon farming and certification project in Brazil to ensure ... Read More
Kenya eyes taxing crypto transactions amid market meltdown
The government in Kenya, where about 8.5% of the population owns cryptocurrencies, has drafted a bill to tax crypto transactions in all exchanges in the ... Read More
South Sudan, IMF ink pact for $112.7m in emergency funds
The International Monetary Fund (IMF) and South Sudan announced they have reached a staff-level agreement for the release of about $112.7 million in emergency financing, ... Read More
Over $4m embezzled in Gabon this year – Chief of Police
Over $4 million (2.6 billion CFA) were embezzled between January and October this year in Gabon, the Chief of Police of the central African country, ... Read More