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Finance

Corruption: Angola recovers over $5bn in stolen assets

December 18, 2019 Khalid Al Mouahidi 0

Angola, which shared the stage with the world’s most powerful oil-producing nations, has recovered more than $5 billion stolen from state coffers so far this […]

Ethiopia secures $3 bln funding from World Bank

December 13, 2019 Khalid Al Mouahidi 0

Ethiopia’s Prime Minister Abiy Ahmed on Friday announced the Horn of Africa nation had got $3 billion funding from the World Bank. The World Bank […]

Public finances: Niger receives a €35 million grant from AFD

December 2, 2019 Khalid Al Mouahidi 0

The French Development Agency (AFD) will grant Niger €35 million, or 23 billion FCFA, to support the Sahel country in implementing reforms in the management […]

Morocco’s Central Bank Receives ISO 37001 Certification for Anti-Corruption System

November 29, 2019 Khalid Al Mouahidi 0

Morocco’s central bank (Bank Al-Maghrib) was awarded the ISO 37001 certification for its Anti-Corruption Management System, for all its core business processes and support processes. […]

Comoros seeks to mobilize €4.5 billion in investments in Paris

November 29, 2019 Khalid Al Mouahidi 0

The Comorian government will meet several financial partners in Paris, the French capital, in December. The objective for the authorities of the archipelago of the […]

China accuses Zimbabwe of understating financial aid

November 20, 2019 Khalid Al Mouahidi 0

China accused Zimbabwe on Tuesday of understating its financial help to the southern African nation, after budget figures released by Zimambabwe showed that China ranked […]

IMF resumes lending program with DR Congo

November 18, 2019 Khalid Al Mouahidi 0

It’s official. The government of Democratic Republic of Congo can now borrow money from the International Monetary Fund. The two parties last weekend agreed to […]

Norway injects $4.4 million in Malawi’s agricultural sector

November 15, 2019 Khalid Al Mouahidi 0

Norwegian Ministry of Foreign Affairs has just allocated $ 4.4 million for the Malawi Second Agriculture Sector Wide Approach Support Project (ASWAp SPII). The funds […]

Cocoa Production: Ghana to receive $600m syndicated loan

November 13, 2019 Khalid Al Mouahidi 0

Ghana, the world’s second-largest cocoa producer, has signed a $600 million syndicated receivables-backed term loan with the African Development Bank (AfDB), Credit Suisse, the Industrial […]

Burkina Faso seeks 10 billion FCFA on WAEMU Capital Market

November 6, 2019 Khalid Al Mouahidi 0

Burkina Faso is planning to mobilize 10 billion FCFA in the public securities market of the West African Economic and Monetary Union (WAEMU). The operation […]

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  • Appointment of First Woman Head of Government in Morocco Draws Global Coverage
  • Sudan fuel crisis deepens as pound falls past 8,000 to US dollar
  • AU urges South Sudan to set clear roadmap for December elections
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