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Keywords: Finance


Kenya Engulfed in Chaos: Protests Erupt into Violence Amid Finance Bill Outrage

Kenya plunged into turmoil on Tuesday as nationwide protests against a controversial finance bill escalated into chaotic scenes of violence, leaving at least five people dead and dozens injured. The unrest, dubbed the "7 Days of Rage," erupted after President William Ruto dismissed the demonstrations......

Morocco's Public Sector Set for Transformation with World Bank's $600 Million Boost

In a significant move to enhance public services and modernize governance, Morocco has secured a $600 million loan from the World Bank. This substantial financial injection, divided into two distinct programs, aims to revolutionize the country's public sector and state-owned enterprises (SOEs). The......

Unlock Your Financial Prowess: Essential Reads for Mastering Money

In the ever-evolving landscape of personal finance, knowledge reigns supreme. Whether you're a novice seeking to embark on a journey of fiscal responsibility or a seasoned veteran craving fresh insights, the written word offers a gateway to financial enlightenment. This curated collection of literary......

Morocco's Bold Leap into Derivatives Trading: Financing the 2030 World Cup Dream

As Morocco gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal, the North African nation is embarking on an ambitious plan to revamp its financial sector. In a move that promises to revolutionize the country's capital markets, Morocco is set to introduce derivatives trading this......

Morocco's Fertile Ground for Tech Entrepreneurship to Blossom

Morocco's technology ecosystem is ripe with possibility, poised to cultivate a garden of innovation that could transform the African continent. With a robust telecommunications infrastructure and a banking sector embracing digitization, the nation stands at the precipice of establishing itself as......

GITEX Africa 2024: Empowering the Continent's Tech Prowess

In the heart of Morocco's vibrant city of Marrakech, the stage is set for GITEX Africa 2024, an unparalleled gathering of technological brilliance and visionary minds. From May 29 to 31, this grand event will serve as a catalyst for Africa's digital transformation, drawing 50,000 attendees to......

Moroccan Moguls Akhannouch and Benjelloun Soar in Forbes' Middle East Billionaires Ranking

In the latest wealth rankings by the esteemed American finance publication Forbes, two prominent Moroccan business magnates have solidified their positions among the richest individuals in the Middle East. Aziz Akhannouch, the current head of government in Morocco, and Othman Benjelloun, the venerable......

Morocco's Fiscal Deficit Narrows Significantly to MAD 1.18 Billion in April

Morocco's fiscal situation has undergone a remarkable turnaround, showcasing substantial improvement as the budget deficit shrinks to a mere MAD 1.18 billion (approximately $113 million) by the end of April 2024. This figure marks a significant decline from the MAD 10.58 billion deficit recorded......

SDX Energy Secures Substantial Cash Infusion, Fueling Moroccan Ambitions

SDX Energy, a London-based energy firm, has taken a significant step towards strengthening its presence in Morocco with the receipt of a substantial cash infusion from the sale of its Egyptian assets. An initial $3.5 million from the sale of its West Gharib assets in Egypt has provided a financial boost,......

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