US Planning $5 Bln Investments in Morocco & across Region
The US International Development Finance Corporation (DFC) is planning $5 billion investments in Morocco and across the region through the funding of several projects seeking […]
Finance
Zimbabwean billionaire Strive Masiyiwa appointed as Netflix’s new director
London-based Zimbabwean businessman Strive Masiyiwa, considered the country’s top billionaire, was appointed as Netflix’s new director last week. This is the first time an African […]
World Bank backs Morocco’s Generation Green program with line of credit worth $250 million
The World Bank Wednesday announced it approved $250 million in form grant to Morocco for the financing of its Generation Green program in support for […]
DRC : The Assembly adopts a more realistic 2021 budget
The Congolese National Assembly on Thursday 3 December adopted without delay the 2021 finance bill which devotes a budget slightly higher than the revised budget […]
Germany allocates €1,387bn to Morocco to fund several projects
Germany has granted Morocco €1,387 billion for the financing of several projects in the framework of the development cooperation deal between the two countries, the […]
Tax evasion costs Africa $25 billion a year, a research reveals
Tax evasion costs Africa more than US$25 billion a year, according to a study conducted by a network of NGOs, including the Global Tax Justice […]
Zambia admits serious financial difficulties due to Covid 19 pandemic
Having failed to meet a $42.5 million payment due to its Western creditors in October, Zambia acknowledges that it has serious cash flow problems, but […]
Rwanda: Tidjane Thiam has been recruited to develop the attractiveness of Rwanda financial sector
Franco-Ivorian banker Tidjane Thiam has been recruited by Rwanda to develop the attractiveness of its financial sector. The former head of Credit Suisse has been […]
Covid-19: WB-IMF Annual Meetings Planned in Marrakesh Rescheduled until 2022
The World Bank -IMF annual meetings planned in Marrakesh (Morocco) in October 2021 have been rescheduled until 2022 due to the covid-19-pandemic. The announcement was […]
IMF lauds Morocco’s efforts to expand social welfare, contain Covid-19 crisis
The head of the IMF mission, in charge of Morocco, Roberto Cardarelli, who presented at a news conference the conclusions of his consultations with Moroccan […]