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IMF notes ‘subdued’ growth in Sub-Saharan Africa
The IMF expects the Sub-Saharan African economy to grow by 3.6% in 2024 and 4.2% in 2025, noting that growth remains “subdued and uneven.” Resource-intensive countries continue to grow at about half the rate of the rest of the region, with oil exporters struggling the most, the IMF said in its regional economic outlook. “Factors […]
Egypt’s wheat imports increase by more than $2Bln during 1st half of 2024
Egypt’s wheat imports significantly increased in the first half of 2024, rising to $2.324 billion from $1.785 billion in the same period of 2023, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). Wheat remains a crucial staple food for the country, contributing to the overall rise in raw material imports, which reached […]
Royal Air Maroc grounds third of its fleet due to covid-19 outbreak – Moroccan media
Morocco’s flag carrier Royal Air Maroc grounded a third of its fleet as demand drops on the back of the surge of coronavirus cases worldwide with immediate ramification on tourism and international bookings. Le 360 news outlet, citing unnamed sources, said the Moroccan airline has immobilized 20 aircrafts out of 58 airplanes it operates. The […]



