Egypt signed Sunday a five-year agreement with the International Finance Corporation (IFC) to advise on its Initial Public Offering (IPO) program under which dozens of state-run companies will be listed on the stock market. The World Bank’s for the Empowerment of the Private Sector will act as a strategic advisor to the government for the […]
A report submitted by King Mohammed VI, the African leader on migration, won acclaim at the 32nd African Union Summit in Addis Ababa. The report builds on the momentum ushered by the African Agenda on migration put forward by the King last year and the proposal to set up an African observatory for migration at […]
Morocco’s central bank has prepared a draft law that would set up a secondary market in which non-performing loans, currently at 9.8 billion dollars, can be sold, in a move that will boost banks’ liquidity. The news was announced by director general of the central bank, Bank Al Maghrib, Abderrahim Bouazza, who said non-performing loans […]
