Fitch Affirms Ratings of Eight Tunisian NBFIs; Upgrades Enda Tamweel
Tunisia - Fitch Ratings, on Wednesday, affirmed the National Ratings of eight Tunisian leasing & factoring companies & upgraded the National...
Economy
Algeria and Russia Are Uniting to Divide West Africa
The July 26 coup in Niger retains the potential for inciting both a continental African and international crisis. As a result of...
‘International Monetary System Has Failed,’ Tunisian FM Tells UN
NEW YORK: “Substantive” reforms to the international financial system and global economic governance are necessary to bridge the gap between...
IMF: North Africa Real GDP Growth Forecast for 2023 Lowered
The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings underway in Morocco, darkening...
EBRD and EU Support Greening of Morocco’s Pharmaceutical Sector
The EBRD is supporting Morocco’s pharmaceutical private sector with a MAD 380 million (€34.5 million) loan to Dislog Group companies, owned...
Morocco Targets 2 mln T of Wheat Imports in October-December
Morocco will offer subsidies to import up to 2 million metric tons of soft wheat between Oct. 1 and Dec....
Afreximbank Signs Land Acquisition Agreement for African Trade Centre in Egypt’s New Administrative Capital
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a formal agreement for the acquisition of land for the New Administrative Capital...
Johnson Controls Arabia Expands in Egypt With New Office
Johnson Controls Arabia, a leading provider of carbon-reduction solutions, has opened a new office in Egypt at Citystars, according to...
UAE’s Global Investment Holding Acquires 30% Stake in Egyptian Company
Part of government’s plan to divest its stake; tobacco manufacturer Eastern Company has over 70 percent market share in the...
Eni Gears Up for Cinnamon Spud Off Morocco
A number of companies have come to explore Morocco’s offshore, drawn in by attractive tax rates and geological models, but...
