africa_endeavor_2021

Egypt plans to privatize 20 state-run companies this year

The Egyptian Prime Minister, Mostafa Madbouly, indicated that the Arab country hopes to list at least 20 state-owned companies in 2023 as part of a larger strategy aimed at generating more revenues, Zawya reports. Not all companies will be listed on the EGX (the Egyptian stock market). Some will see major shares sold to strategic […]

Morocco Expects Growth Rate to Decrease to 3.2% in 2018

The Moroccan government released its GDP growth forecasts for 2018, which expects the economy to grow by 3.2% down from 4.8% this year. The Head of the Government office said in a statement that the forecasted rate is higher than the one announced by the government’s statistics agency (HCP), which said that Morocco’s economy will […]

Portugal reaffirms support for Sahara autonomy plan

Portugal, an Atlantic nation sharing centuries-old ties with many African countries, has reaffirmed its support for Morocco’s autonomy plan as the most serious, credible and constructive basis to settle the Sahara issue. This came in a joint statement following talks in Lisbon Tuesday between Moroccan Foreign Minister Nasser Bourita and his Portuguese peer Paulo Rangel. […]