At least 50 companies are expected to list on the Ethiopian Stock Exchange (ESX), set to launch in two years, which will provide a platform for the privatization of the country’s state-owned enterprises. Three months ago, Ethiopia announced it was in the process of establishing a stock market signaling a window of opportunity for cross-listing. […]
Morocco’s central bank, Bank Al-Maghrib (BAM) will hold its key policy rate at 2.25 pc in 2019 due to subdued inflation and a neutral shift in US Fed policy, says Fitch Solutions in its latest report on the North African Kingdom. In a bid to protect foreign exchange reserves and limit imported inflation, BAM will […]
Tunisia has gained the European Union advanced status, becoming the 2nd North African country after Morocco to obtain such a title, the status of a privileged partner with the EU. The decision was made during the Tunisia-European Union (EU) Association Council’s 9th session held lately in Brussels. Tunisia has requested last March an EU advanced […]
