Somalia debt relief

Mahrez, Mane, Salah make final list of 2019 CAF Awards

The Confederation of African Football (CAF) has released its three-man shortlist for the 2019 Player of the Year awards. Manchester City star Riyad Mahrez who captained Algeria to Nations Cup success in Egypt in 2019 and Liverpool duo Sadio Mane of Senegal and Egypt’s Mohamed Salah are on top of the list. Mane and Salah […]

Morocco’s stable Dirham, a competitive advantage or an export handicap?

Morocco’s dirham has maintained remarkable stability over the past decade while currencies of competitors Turkey and Egypt collapsed, creating apparent price advantages for those nations’ exports. However, exchange rate dynamics reveal far more complexity than nominal depreciation suggests, notes Media 24 news outlet in an analysis. Over 2015-2024, the dirham depreciated just 0.7% against the […]

African economies to remain resilient despite financial headwinds — AfDB report

Despite the tightening global financial conditions, African economies are expected to remain resilient with a stable outlook in 2023-2024, according to a report by the African Development Bank (AfDB) that however urges bold policy actions to mobilize and leverage private financing for development in the continent. Africa’s average GDP growth is projected to stabilize at […]