By the AFREEQUE newsroom, based on Lebrief
Morocco’s 2027 draft budget provides for 482.4 billion dirhams in ordinary revenue, including 437.4 billion from taxes. Tax revenue would thus account for more than 90% of general budget resources, according to data from the draft published by the Moroccan government on 23 October.
Togo’s government is planning a balanced 2027 budget of 2,684.1 billion CFA francs, compared with 2,751.5 billion in 2026, a 2.5% decrease. Investment linked to the 2026-2031 Government Roadmap will reach 490 billion CFA francs, according to the finance bill adopted by the Council of Ministers.
🇹🇬 Togo · Source: Icilomé ·
Morocco’s 2027 draft finance bill provides for 34,454 budgetary posts, including 14,200 for the Interior Ministry, 5,500 for Defence and 5,400 for Health. Recruitment will also cover education, justice and higher education, according to Le Matin.
🇲🇦 Morocco · Source: Le Matin ·
Morocco’s 2027 finance bill would exempt annual taxable income of up to 60,000 dirhams from income tax, equivalent to 5,000 dirhams per month. The bill also provides for transitional tax brackets until 2030 before a final bracket is applied in 2031, Le Matin reports.
🇲🇦 Morocco · Source: Le Matin ·
The Senegalese government plans to mobilise 105 billion CFA francs and settle 44 billion in arrears to secure the 2026-2027 groundnut campaign. SONACOS financing must be finalised before collection begins at the end of November, according to Lesoleil.
🇸🇳 Senegal · Source: Lesoleil ·
Bourita and Lavrov discuss UN vote on the SaharaMoroccan Foreign Minister Nasser Bourita and his Russian counterpart Sergei Lavrov spoke by telephone about the expected Security Council vote on the Sahara. Rabat is seeking to clarify Moscow’s position as a permanent UN member, according to LeBrief.
Egyptian pound falls to 55.35 to the dollarThe Egyptian pound reached 55.35 to the dollar, a new record low, according to Central Bank of Egypt Governor Hassan Abdalla. He defended the flexible exchange-rate regime and said the fluctuations were normal in response to regional and global economic developments, Egypt Independent reports.The week in Africa
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