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Finance

World Bank Approves $250 Million for Morocco’s Social Protection Reform

June 20, 2025 Khalid Al Mouahidi 0

The World Bank has approved a $250 million financing package to support Morocco’s comprehensive social protection reform, marking a significant boost to the country’s efforts […]

Senegal Delays Budget Data, Push to Rebuild Investor Confidence After Debt Scandal

June 18, 2025 Geraldine Boechat 0

Senegal’s Ministry of Finance has postponed the release of its budget execution reports for the last quarter of 2024 and the first quarter of 2025 […]

Angola: ATIDI Facilitates US$724 Million Boost for BITA Water Project

June 18, 2025 Steven Addamah 0

In a strategic move to advance Angola’s water infrastructure, the African Trade and Investment Development Insurance (ATIDI) has enabled, on June 17, US$724 million in financing […]

South Sudan: President Kiir Shakes up Financial Leadership

June 10, 2025 Pawla Nibramich 0

President Salva Kiir of South Sudan has dismissed on June 9 the Governor of the Bank of South Sudan, Johnny Ohisa Domian, in the midst […]

Mozambique’s External Deficit Widens

June 9, 2025 Steven Addamah 0

Mozambique experienced increasing pressure on its external accounts in 2024, with the combined current and capital account deficit widening to $2.23 billion, representing 10.1% of […]

AfDB wins top infrastructure award for Africa’s largest wind power project in Egypt

June 8, 2025 Khalid Al Mouahidi 0

The African Development Bank (AfDB) has won the prestigious “Infrastructure Deal of the Year” award at the 2025 African Banker Awards for its leading role […]

IMF Approves New Disbursement for Central African Republic Amid Mixed Reform Progress

June 5, 2025 Geraldine Boechat 0

The Executive Board of the International Monetary Fund (IMF) has concluded the third and fourth reviews of the Extended Credit Facility (ECF) arrangement for the […]

Morocco Opens Electronic Payment Market to Foster Financial Inclusion

June 5, 2025 Khalid Al Mouahidi 0

Morocco’s Competition Council has approved groundbreaking reforms opening the electronic payment terminal (EPT) market to multiple operators starting May 1, 2025, ending the Interbank Electronic […]

South Sudan Embarks on Digital Salary Reform Amidst Infrastructure Hurdles

June 5, 2025 Pawla Nibramich 0

In a concerted effort to enhance fiscal transparency and streamline salary disbursements, South Sudan’s Ministry of Finance and Planning, in collaboration with the Bank of […]

Senegal Shifts Gears Toward Self-Reliance Through Domestic Revenue Overhaul

June 4, 2025 Geraldine Boechat 0

Facing the fiscal pressures of suspended international support, Senegal is pivoting toward a bold path of economic sovereignty by intensifying domestic tax compliance. Prime Minister […]

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