Burundi says U.S. agrees $400 mln aid
The United States approved $400 million in aid to Burundi on Friday, Burundi’s foreign minister announced, less than three months after the lifting of U.S. […]
Finance
Angola recovers $11 billion embezzled from Public Treasury
Angola which had launched 715 prosecutions for corruption, fraud, embezzlement and other financial crimes has recovered assets worth more than $11 billion that were looted […]
IMF: Morocco’s economy is rebounding thanks to successful vaccination rollout against Coronavirus
Thanks to a successful vaccination campaign, Covid-19 cases have declined sharply in 2021, and the Moroccan economy is rebounding, says the International Monetary Fund in […]
AfDB provides $14Mln grant to boost food security in South Sudan
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
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
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
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
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
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
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 […]