Opinion
Taxing times: How inflation and heavy taxation are squeezing Morocco
Morocco’s economic strategy has long been admired as a model for North Africa, with the kingdom positioning itself as
bank
20 articles
Egypt
European Commission approves €90 million to strengthen Egypt’s grain infrastructure
Egypt and the European Commission have signed a €90 million agreement to enhance Egypt’s grain storage and logistics infrastructure,
Morocco
EBRD forecasts Morocco's economic growth to hit 3.6% in 2025, 3.4% in 2026
Morocco's economic growth is projected to rise from 3% in 2024 to 3.6% in 2025 and 3.
Tunisia
Tunisian president calls for changes to central bank law
Tunisian President Kais Saied on Saturday called for the law governing the central bank to be amended. In a video
Mauritania
Societe Generale divests Mauritania branch to Enko Capital-led consortium
Societe Generale, France's third-largest bank, has successfully sold its Mauritania branch to a consortium led by Enko Capital,
Egypt
Egypt's central bank reports current account deficit surges
Egypt's current account deficit surged to $5.9 billion in the July-September 2024 quarter, from $2.8 billion
Libya
Libyan agency demands freeze on public sector hiring as wage bill soars
The Libyan Administrative Control Authority (ACA) has urged a halt to public sector hiring and contracts amid surging wage costs.
Egypt
CBE: Egypt’s foreign trade surpasses $104.7bn
According to the Central Bank of Egypt, foreign trade reached approximately $104.7bn in the fiscal year 2023/2024. This
Morocco
Moroccan banking sector forecasts $2.2 billion profit by 2026
According to Attijari Global Research’s (AGR) January report Morocco’s banking sector has posted a 13.2% increase in
Libya
Libya joins African Export-Import Bank
Libya has officially become the 53rd member of the African Export-Import Bank (Afreximbank). As part of its membership, Libya is
Morocco
Morocco to launch first legal crypto-assets framework with support from IMF, World Bank
Morocco is the latest to address crypto regulations as demand and adoption rise globally. Abdellatif Jouahri, the governor of the
Morocco
Morocco’s Bank Al-Maghrib reduces key interest rate to 2.5%
At the conclusion of the fourth and final quarterly meeting for the 2024, the Bank Al-Maghrib Board decided to “reduce
Libya
IMF concludes visit to Libya
The IMF has concluded a weeklong staff visit to Libya where it was assessing the latest economic conditions, as well