Egypt : how much is enough to restore investor confidence

Egyptian officials have renewed their efforts to draw back investors, especially in the energy sector, at an investment conference by paying the debts owed to foreign oil companies. Prime Minister Hazem el-Beblawi said that $1,5billion of the $6billion debt has been approved. The Egyptian economy is suffering from the political crisis which has driven away […]

France, Morocco cement ties with economic, infrastructure and energy deals

France and Morocco signed a series of cooperation agreements spanning energy, infrastructure, finance, education, culture, postal services, defence and water management, as the two countries sought to deepen economic integration following renewed diplomatic relations. The agreements were signed during the 15th Franco-Moroccan High-Level Meeting in Rabat, where French Prime Minister Sébastien Lecornu said the two […]

Morocco’s investment fund partners with IFC to boost sustainable infrastructure

Morocco’s Mohammed VI Investment Fund and the International Finance Corporation (IFC), a member of the World Bank Group, signed a partnership agreement on Tuesday to identify and finance sustainable infrastructure projects in the North African country. The agreement aims to support high-impact infrastructure projects in strategic sectors such as renewable energy, water, transport and logistics, […]