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AfDB to provide $350m to Egypt before end of 2023
Abdourahmane Diaw, the African Development Bank (AfDB) country manager for Egypt, has revealed the Abidjan-based lender will provide the North African country with $350 million in financing for public and private development projects before the end of 2023. The financing will go to the private sector via credit lines to loaning companies and bank and […]
Morocco’s Central Bank Keeps Interest Rate Unchanged, Expects 1.5 % Inflation & 5.2 % Growth in 2026
Morocco’s Central Bank has decided to keep the key rate unchanged at 2.25 pc as inflation is expected to remain moderate at 1.5 % in 2026, while the country’s growth is projected to increase from 4.9 % in 2025 to 5.2 % in 2026, before slowing to 3.1 % in 2027. These projections were made […]
New Morocco-UK shipping line operational in September, British ambassador says
The new shipping line to connect directly Tanger Med and Poole in southern England would be operational in September, said British Ambassador to Morocco, Simon Martin. In an interview with Le360 news outlet, the United Kingdom’s Ambassador to Morocco, Simon Martin, announced that the shipping line between the ports of Tangier Med and Poole, England, […]



