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Egypt: FRA reveals size of non-banking financing in July 2024
The Financial Regulatory Authority (FRA) reported a notable increase in non-banking financing across various sectors in July 2024. According to the latest figures, the number of consumers benefiting from consumer finance rose to 2.127 million in July 2024, up from 1.986 million in July 2023. The total volume of outstanding loans for micro, small, and […]
Morocco Second Biggest Buyer of Spanish Arms in Africa
Morocco is the second biggest buyer of Spanish Arms in Africa with imports totaling 452 million dirhams in 2015, Spain’s Trade Ministry said. In a bid to diversify its arms suppliers, Morocco is buying military equipment and ammunition from Spain, Spain’s Trade Ministry said in a report, adding that Egypt tops the list of Spanish […]
Morocco’s Autonomy Proposal for Sahara, Best Acceptable Compromise, MEPs
Members of the European Parliament have underscored the soundness of the Morocco-proposed initiative to grant large autonomy to the Sahara under the Kingdom’s sovereignty, deeming this initiative as the ”best acceptable compromise” for settling the conflict. Their remarks came in a letter they addressed to the High Representative of the European Union for Foreign Affairs […]



