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 […]
Finance
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 […]
World Bank: Forty million Africans are at risk of falling into extreme poverty because of the Covid-19 pandemic
Leaden by the economic fallout from the Covid-19 pandemic, growth in Sub-Saharan Africa is expected to drop to -3.3% in 2020, leading the region into […]
German KfW supports Morocco’s rural drinking water program with €30 Mln Loan
German Development Bank (KfW) has lent to Morocco’s National Office of Electricity & Drinking Water (ONEE) €30 million for drinking water projects in the rural […]
Nigeria: the Lagos Stock Exchange records its best performance in the last fifteen years despite the severe recession
It’s Christmas ahead of time at the Lagos Stock Exchange in Nigeria. On Tuesday, October 6, the index of the thirty largest stocks jumped by […]