The African Development Bank (AfDB) expects a 4 pc GDP growth in Morocco in 2021 after the country’s economic activity was affected like other countries around the world by the Covid-19 pandemic. In its “African Economic Outlook 2020 – Supplement”, the African Bank says Morocco’s budget and current account deficits should improve next year, respectively […]
The European Investment Bank has granted a loan of €70 million to the Fez-based Euromed University for the construction and the equipment of a campus. An agreement was signed by officials from the Bank and the University last week to bolster the finances of the Euro-Mediterranean Institute, whose honorary Chairman is King Mohammed VI. Over […]
The Egyptian interim leader Adly Mansour, has appointed Hazem El Beblawi as Egypt’s new Prime minister, after the democratically elected president Mohammed Morsi was ousted from office by the country’s army leaders. Presidential spokesman Ahmed El Moslamany announced in a statement that Mohamed El-Baradei is also appointed as Vice President responsible for foreign affairs in […]
