Tunisia
Tunisia set to spend $2.2 billion on power sector in 2025
According to reporting by Zawya and Transformers Magazine, Tunisia is hoping to invest around $2.2 billion for the development
Economics
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Algeria
Qatar’s Baladna to establish powdered milk farm in Algeria
According to Doha News Qatari food company Baldana is signing an agreement with the Algerian government to establish a farm
Egypt
IMF expected to complete Egypt’s next review by June 2024
The International Monetary Fund (IMF) anticipates finalizing its upcoming review of Egypt’s $8bn loan program by the end of
Egypt
The EU plans to fast-track some financial aid to Egypt
Quoting the president of the bloc’s executive branch, the European Union intends to fast-track some of its aid money
Egypt
IMF approves $820 million as part of Egypt bailout
The International Monetary Fund announced on Friday the immediate disbursement of $820 million to the Egyptian government, part of an
Egypt
Demand for Egyptian Debt Soars
Investors are flocking to buy Egyptian treasuries just weeks after the country received a massive bailout and devalued its currency.
Morocco
Morocco Attracts $30 Billion in UAE Investments as Economic Ties Flourish
Morocco has emerged as a major destination for UAE investments, attracting a total of $30 billion as the two nations
Mauritania
Mauritania’s extractive economy pushing the country to be Africa’s growth champion
According to the IMF Mauritania is expected to report the highest growth rate in Africa by 2025 at 14.5%
Egypt
Egyptians Face Inflation Crisis Despite $50 billion Bailout
Egyptians are reportedly cutting back on everything from eating meat during Ramadan, entertaining friends and traveling as the country grapples
Egypt
Funding of Egypt’s New City Faces Criticism Amid IMF Aid
For the past eight years Egypt has been building a new city in the desert. Dubbed the “New Administrative Capital”
Egypt
Egypt central bank cancels MPC meeting after rate hike
Egypt's central bank on Wednesday cancelled a March 28 meeting of its Monetary Policy Committee (MPC),saying an
Egypt
Egypt gets financial boost from the World Bank
The World Bank has revealed ambitious plans to extend more than $6 billion in financial assistance to Egypt over the
Egypt
Egyptians working abroad begin sending more money back home after devaluation
Egyptians working abroad are sending more money home since the country sharply devalued its currency last week, officials and bankers