Even though the growth is small, it’s mostly thanks to the strong performance of non-life insurance. Morocco's insurance market (both life and non-life) reached 32.6 billion dirhams (about $3.33 ...

Mr. Banga's visit to Côte d'Ivoire reflects the World Bank's commitment to supporting the country in its goal of becoming a key player in West African development. The president of the World Bank ...

In December, the African Development Bank (AfDB) urged for Africa to be exempted from the European Carbon Border Adjustment Mechanism (CBAM) due to the risks it poses to the monetization of valuable ...

Yesterday, Ghana introduced free roaming with Togo and Benin as part of the Economic Community of West African States (ECOWAS) initiative. According to Charles Acheampong, Ghana’s Deputy Minister of ...

Historically sidelined by bank financing, SMEs in WAEMU are now seeing credit flows shift more in their favor. Will this change mark a lasting trend? In Q2 2024, small and medium-sized enterprises ...

As Nigerians adjust to the new fuel prices, the long-anticipated move to deregulate downstream supply and end NNPC’s monopoly will likely drive up gasoline costs. Nigeria’s state-owned oil company, ...

The continued lack of activity since 2009 shows that investors have little interest in bonds listed on the Algiers Stock Exchange, preferring instead to invest in off-market securities. The Algiers ...

The increase in net foreign capital inflows stems from the gradual reforms undertaken by the Tinubu administration to achieve an exchange rate determined by market forces. Nigeria saw a significant ...

Ecobank Transnational Incorporated (ETI), a leading pan-African bank, has announced plans to raise up to $600 million through a new senior unsecured bond offering. This decision comes after ETI’s ...

The startup ecosystem in Morocco has seen significant growth in recent years. In 2023, their funding reached $111.2 million, compared to $7.6 million in 2022, according to the Global Startup Ecosystem ...

Corruption costs Morocco about $5.09 billion (50 billion dirhams) each year, making up between 3.5% and 6% of the country's GDP, according to Mohamed Bachir Rachdi, head of the National Authority for ...

Promoting financial inclusion is critical for Namibia's economic development, as it offers numerous benefits for individuals and the broader economy. With a significant portion of Namibia’s population ...