The Conference of Heads of State and Government of the West African Economic and Monetary Union (WAEMU) decided to suspend temporarily the application of the Convergence, Stability, Growth and Solidarity Pact. The decision was made at an extraordinary session by videoconference on 27 April 2020 to address the health crisis in WAEMU countries. According to […]
Despite the threatened stability in Egypt, the International Monetary Fund (IMF) is willing to provide loans if it is deemed necessary by authorities in Cairo. Egypt is going through political, economic and financial crisis as political differencescontinues to be the center stage. IMF’s regional director, Massod Ahmed, said they are “keen to support” the North […]
President Al Sisi has announced that a “giant project” will be launched at a tune of $4billion for the construction of a canal parallel to the Suez Canal. The project is expected to increase trade and also double the country’s earnings by more than 100%. The Suez Canal is an important sea route but militants […]
