FMI Chief Kristalina Georgieva with Finance Minister Bechaaboune & BAM Governor Abdellatif Jouahri

Morocco Takes over Chairmanship of Union of African Economic and Social Councils

Morocco took over the rotating chairmanship of the Union of Economic & Social Councils & Similar Institutions of Africa during the Union’s General Assembly convened Wednesday in Rabat. Ahmed Reda Chami, President of the Moroccan Economic, Social and Environmental Council (CESE) won the majority of votes and will thus chair the African body for the […]

EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt

The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a funding vehicle established by Hassan Allam Utilities that operates in Egypt and is running a project known as 1.1 GW Gulf of Suez wind farm. The investment is set to […]

Egypt : Constitutional referendum widens political division

Egyptian s will be heading to the polls on Tuesday and Wednesday to decide on the approval of the newly drafted constitution. The outcome of the referendum is crucial in determining the country’s future and religious leaders have urged citizens to participate. However, political parties remain widely divided over the constitution and some have decided […]