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IMF approves $1.2 billion for Egypt following economic review
The International Monetary Fund (IMF) Executive Board completed its fourth review of Egypt’s economic reform program under the Extended Fund Facility (EFF) arrangement, granting the country immediate access to approximately $1.2 billion. The approval, announced on Tuesday March 11, marks a significant step in Egypt’s ongoing efforts to stabilize and reform its economy with the […]
Spanish PM welcomes exemplary cooperation with Morocco, reiterates support for Sahara autonomy plan
Spanish Prime Minister Pedro Sanchez welcomed strengthened ties with Morocco at all levels and reiterated his country’s position in support of Morrocco’s autonomy plan for the Sahara territory. Sanchez who is making his first visit to Morocco since his re-election recalled that Spain remains consistent in its policy towards the Sahara conflict in line with […]
Africa’s 2023 investment hotspots list dominated by Kenya, Egypt, Nigeria and S.Africa — report
Kenya, Egypt, Nigeria, and South Africa have emerged as the top investment destinations in Africa for funding in 2023, as the quartet of markets collectively accounted for a dominant 68% share of the continent’s total investment influx last year, according to a new report. The report entitled ‘The Africa Investment Report 2023’ provides a compelling […]



