Central African ministers meeting in Cameroon Wednesday August 10 have agreed to merge the 11-member Economic Community of Central African States (ECCAS) with the six-member Economic and Monetary Community of Central Africa (CEMAC) in a move to boost trade and growth. The economy ministers said they want to foster regional integration, accelerate economic transformation and […]
A German tourist Sunday became the first death case of Coronavirus in Egypt, which has confirmed 55 patients suffering from the fast-spreading virus. The victim came to the country a week ago but refused to be quarantined after he was tested positive on March 6. The 60-year old holidaymaker, according to Health Minister Hala Zayed […]
Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]
