Salvador FM Alexandra-Hill-Tinoco & Nasser Bourita

Mauritania’s growth to slow in 2025 amid extractive sector slowdown- IMF

Mauritania’s economic growth is projected to decelerate to 4.0% in 2025, down from 5.2% in 2024 and 6.5% in 2023, according to the International Monetary Fund’s (IMF) latest Article IV consultation. The slowdown is attributed primarily to a contraction in the extractive sector, which has been a key driver of recent growth. While the economy […]

UN SG Antonio Guterres extends condolences to King Mohammed VI over death of two Moroccan peacekeepers

The United Nations paid tribute to the men and women serving under its flag in some of the most dangerous places in the world during a ceremony in New York on Thursday to mark the International Day of UN Peacekeepers. During the ceremony, Morocco’s permanent representative to the United Nations, Omar Hilale, received the Dag […]

Egypt postpones IPO for state-run Banque du Caire over covid-19

Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]