The International Monetary Fund (IMF) has announced that the Egyptian economy is on the right path in recovering from the shambles of the protests that started in 2011. The implemented structural and monetary reforms are boosting the economy and IMF projected that growth could reach 3,8% in 2014-2015 and rise to up to 5% over […]
Uganda’s Xsabo Power Limited, which has constructed a new 24 MW solar power park in conjunction with the Uganda Electricity Transmission Company, said it plans to invest $200 million in the generation of solar power to boost the energy sector of the East African nation. According to Xsabo’s Managing Director and CEO, David Alobo, the […]
The World Bank delivered bleak prospects for growth in Morocco which was seen dropping to -4% in 2020 from 2.5% last year on the backdrop of the coronavirus outbreak. The forecast is close to that of the -3.7% put forward by the IMF for 2020 to which drought worsened Morocco’s growth prospects. The spread of […]
