bp-in-egypt

New AfDB President Mauritania’s Sidi Ould Tah pledges reform, unity

Mauritania’s Sidi Ould Tah, who secured a five-year mandate at the helm of the African development Bank, one of the continent’s most influential financial institutions, pledged in his victory speech to “build a stronger, more responsive AfDB” that can better support member countries in tackling urgent challenges such as climate resilience, food security, and youth […]

Economic Freedom, Morocco ranks first in North Africa- Heritage Foundation’s index

Morocco outperformed all North African countries in the Heritage Foundation’s Economic Freedom index, which cites the reforms that boosted the private sector’s dynamism. The annual index covers 12 freedoms—from property rights to financial freedom—in 184 countries. Morocco’s score improved by 3.5 points to 60.3, with its global ranking enhanced to 86th position. Morocco is now […]

Shares trading in indebted Kenya Airways suspended for another year as restructuring falters

Trading in Kenya Airways shares has been suspended for another year, as the indebted national carrier battles to return to profitability and the country’s president says he wants to sell the government’s stake. Stocks in the troubled airline have not been traded since July 2020 in the midst of the Covid-19 pandemic, which devastated global […]