Morocco has imposed itself as a competitive hub for the automotive industry which has bounced back from the Covid-19 export crisis, the Financial Times reported. The country has stood as Africa’s largest car manufacturer and exporter since 2018, thanks to a state strategy that paved the way for investments and prepared skilled labor, the newspaper […]
Egypt’s Finance Minister Mohamed Maait has denied reports that the Arab Republic is seeking a $15 billion-loan from the International Monetary Fund (IMF) to shore up its finances. Goldman Sachs Group Inc. in a July report indicated that Egypt may need to secure $15 billion from the IMF to meet its funding requirements over the […]
The European Union has announced € 10 million additional EU assistance for the rehabilitation of Typhoon Haiyan-affected areas wherein survivors plea for help and assistance. The death toll continues to rise and is expected to exceed appalling 10,000 victims of Haiyan, one of the strongest tropical storms ever recorded, that hit the Philippines on 7 […]
