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 […]
Finance
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 […]
Pandora Papers expose African leaders’ offshore secrets
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
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
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. […]
OPEC Fund provides Uganda with $30m loan to boost smallholder farmers’ productivity
The OPEC Fund for International Development has signed a $30 million loan facility agreement with Uganda to help improve food security and incomes for more […]
DRC: Central Bank Directors replaced to Meet IMF requirements
For almost two years, the DRC and the IMF have been negotiating the signature of a financing program. One of the very first conditions was […]