The ruling party’s Mohamed Ould Ghazouani easily won Mauritania’s presidential elections marking a rare peaceful transfer of power in the African continent. Oul Ghazouani had secured 51.95% of the vote with counting completed in nearly all polling stations, the electoral commission data showed on Sunday. Ghazouani’s nearest rival, prominent anti-slavery activist Biram Dah Abeid had […]
Morocco’s unemployment rate fell to 10.5% in the first quarter of 2018 as Moroccan economy managed to create 116,000 jobs in a year. Last year, unemployment rate stood at 10.7%, the High Commission for Planning (HCP) said in its latest statistics. Services, agriculture and construction created 50,000, 43,000 and 32,000 jobs respectively. Manufacturing lost 9,000 […]
The military backed interim government will be embarking on its second economic stimulus package with an amount of 30 billion Egyptian pounds after allocating 29,6 billion in the first operation. Finance Minister Ahmed Galal said the package will be financed by state funds and aid received from the Gulf States. Egypt’s economy has been on […]
