The World Bank approved a first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 (coronavirus) response. The first group of projects, amounting to $1.9 billion, will assist 25 countries, and new operations are moving forward in over 40 countries using the fast-track process, the international […]
Egyptian lawmakers have addressed a letter to Prime Minister Sherif Ismail warning against announcing critical economic and financial measures likely to affect the population. The Prime Minister is scheduled to deliver his policy statement speech on February 27 at the National Assembly. They warned that “any shocking measures” that would affect the poor and limited-income […]
Moroccan banks operate in 30 African countries where they generate 23% of their revenue, Moroccan central bank governor Abdellatif Jouahri said while speaking about investments by Moroccan firms in the continent. Speaking at an event on the Atlantic initiative, launched by King Mohammed VI to bolster regional integration, Jouahri highlighted the monarch’s win-win approach in […]
