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Finance

AfDB provides $14Mln grant to boost food security in South Sudan

January 10, 2022 Khalid Al Mouahidi 0

The African Development Bank (AfDB) announced Monday a $14 million grant to South Sudan destined to boost food security, value addition and trade. “The five-year […]

Algeria: World Bank Stands Its Ground, Rejects Media Smear Campaign

January 8, 2022 Khalid Al Mouahidi 0

The World Bank has responded to the hostile Algerian media campaign launched against the international financial institution following the release of a report which shed […]

IsDB grants $371mln for road projects in Africa

December 29, 2021 Khalid Al Mouahidi 0

As a strategic partner of several countries on the continent, the IsDB provides significant financing for infrastructure projects in Africa. For its 2021 closing, the […]

World Bank supports Morocco’s governance modernization with $450 mln loan

December 17, 2021 Khalid Al Mouahidi 0

The World Bank approved on Dec 15 a loan of $450 million in support of Morocco’s governance efforts notably in terms of public sector modernization. […]

South Africa to abandon coal with $8.5 billion grant

November 3, 2021 Steven Addamah 0

South Africa, the continent’s most industrialized nation is set to receive $8.5 billion from Western countries to accelerate the adoption of cleaner forms of energy. […]

Morocco: Appropriation bill for fiscal year 2022 examined at Ministers’ Council

October 18, 2021 Khalid Al Mouahidi 0

King Mohammed VI chaired Sunday, October 17, a Council of Ministers, which was devoted to the examination of the General Guidelines of the appropriation bill […]

Morocco scores best economic growth performance in MENA – IMF forecasts

October 13, 2021 Khalid Al Mouahidi 0

Morocco will score the best economic growth performance in the MENA region as shown by the forecasts of the International Monetary Fund (IMF), which has […]

Pandora Papers expose African leaders’ offshore secrets

October 5, 2021 Steven Addamah 0

After the Panama Papers in 2016, the Paradise Papers in 2017, the Mauritius Leaks in 2019 and the Luanda Leaks in 2020, here are the […]

Nigeria: CBN postpones e-Naira launch

October 2, 2021 Steven Addamah 0

Nigeria has postponed indefinitely the launch of the eNaira, a digital version of its currency, announced the Central Bank of Nigeria (CBN), citing celebrations of […]

UK Pledges to Allocate Nearly $300,000 to Ghana to Fund Security Projects

September 4, 2021 Khalid Al Mouahidi 0

The United Kingdom will supply €250,000 (over $297,000) to Ghana to support various security initiatives and boost the combat capabilities of the Western African nation. […]

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