Egypt: MPs Warn against Radical Economic Measures

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 […]

West Africa to replace CFA franc; new currency pegged to the Euro

Côte d’Ivoire’s President Alassane Ouattara has announced that West Africa’s monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris. The CFA will undergo three major changes, according to Ivorian President Alassane Ouattara. The name will change to Eco in 2020; France, would […]

President Macron says he will visit Morocco in October

French President Emmanuel Macron said he will pay a visit to Morocco in late October, after wrapping up a visit to Algiers in which no major investment agreement was signed. Macron made the statement while talking to a group of festival goers at Touquet Music Beach. Macron last visited Morocco in November 2018 to inaugurate […]