Morocco
CIA updates map to recognize Western Sahara as part of Morocco
The U.S. Central Intelligence Agency has updated its map to show Western Sahara as part of Morocco, aligning with
finance
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Egypt
Egypt's Sisi Applauds Expanded BRICS Alliance for Advancing Developing Nations' Interests
Egyptian President Abdelfattah al-Sisi on Wednesday lauded BRICS' expanded membership, highlighting its role in amplifying the voice and interests
Libya
Libya’s Central Bank puts in place provision of over $3 billion to resolve liquidity crisis
Libya’s Central Bank (CBL) has announced an allocation of some $3 billion to all operational banks in the coming
Egypt
President Sisi suggests regional troubles may force Egypt to re-evaluate IMF accord
According to reporting by Reuters, President Abdel Fattah al-Sisi has warned that Egypt may be forced to re-evaluate its $8
Tunisia
Tunisia to end central bank independence
Tunisian lawmakers look set to initiate a law that would remove the exclusivity of the central bank in setting the
Africa
Jamie Dimon reveals plans for JP Morgan Chase to expand in Africa
JPMorgan Chase, the largest U.S. bank, is expanding its presence in Africa, with plans to enter Kenya and Ivory
Middle East
Modest growth forecast for MENA economies, World Bank report finds
Economic growth in the Middle East and North Africa (MENA) remains subdued due to heightened uncertainties from regional conflicts, according
Tunisia
Tunisian MPs propose bill stripping central bank of exclusivity
Tunisia's central bank will lose its exclusive authority to set interest rates and foreign exchange policy, requiring government
Egypt
Egypt plans major wheat import reductions for budget savings
Egypt is planning to reduce wheat imports and cut spending on subsidized bread by incorporating corn or sorghum into its
Morocco
Morocco takes fourth spot in Africa for green financing in 2023
According to a report from a consortium of multilateral development banks (MDBs), which included the African Development Bank, Asian Development
Libya
Libyan rivals sign agreement to end central bank crisis
Representatives of Libya’s rival administrations signed an agreement Thursday to appoint a new central bank governor, with the objective
Libya
Ousted Libyan central bank chief claims bank remains cut off from international financing
Libya’s ousted central bank governor, Sadiq al-Kabir, currently in self-imposed exile in Turkey, claims that the country’s central
Morocco
Morocco’s budget deficit falls to $3.9 Billion
According to Morocco’s Ministry of Economy and Finance budget deficit for the first eight months of 2024 stood at