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Finance

Tax evasion costs Africa $25 billion a year, a research reveals

November 25, 2020 Steven Addamah 0

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

November 19, 2020 Steven Addamah 0

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

November 16, 2020 Geraldine Boechat 0

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

November 6, 2020 Khalid Al Mouahidi 0

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

November 3, 2020 Khalid Al Mouahidi 0

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

October 9, 2020 Steven Addamah 0

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

October 8, 2020 Khalid Al Mouahidi 0

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

October 8, 2020 Steven Addamah 0

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 […]

IMF approved new emergency assistance for 28 countries, of which 22 are in Africa

October 7, 2020 Khalid Al Mouahidi 0

The IMF continues to stand by the poorest in this time of global crisis. On October 5, the Fund approved new emergency assistance for 28 […]

WHO, Qatar Fund for Development sign new agreement to meet health needs in Sudan

September 23, 2020 Steven Addamah 0

The World Health Organization received a donation of $1 million from the Qatar Fund for Development to support its ongoing work in Sudan for a […]

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