awards

Egypt starting to produce a turnaround, IMF

The International Monetary Fund (IMF) has announced that the Egyptian economy is on the right path in recovering from the shambles of the protests that started in 2011. The implemented structural and monetary reforms are boosting the economy and IMF projected that growth could reach 3,8% in 2014-2015 and rise to up to 5% over […]

Economic headwinds: foreign debt and inflation cloud Kenya’s presidential polls

As Kenyans head to the polls on August 9, East Africa’s largest economy could be headed for tough times. With the country’s currency having depreciated sharply, Kenya’s Treasury will face difficulty paying back its huge dollar-denominated debt. Kenya is among developing countries facing an economic crisis, according to a recent report released by Moody’s Investors […]

Morocco strengthens its Air Force capabilities with French H225M Helicopters

Airbus Helicopters will provide Morocco ten H225M Caracal multi-role tactical transport helicopters, according to press reports, saying the deal has been finally sealed after marathon negotiations. Morocco’s interest in the H225M dates back to December 2021 as the country seeks to modernize its helicopter fleet and replace its SA330 Puma helicopters. But the negotiations were […]