egypt-democratic-scrutin

Libya has little chance of holding elections this year – Fathi Bashagha

Fathi Bashagha, one of Libya’s rival Prime Ministers, has said that the oil-rich African country has little chance of holding elections this year. Without a unified government “there will be no elections and chaos will continue”, he told Bloomberg in an interview. Fathi Bashagha, who is engaged in a stand-off over the premiership with Abdul […]

Morocco’s economy to grow 7.2% in third quarter 2021

Morocco’s economic growth with slow to 7.2% in the third quarter this year after 12.6% growth in the second quarter, Morocco’s high commission for planning said.   The growth rate is expected to be achieved on the back of a 19% rise in agricultural output and will help improve the overall growth rate in the […]

AfDB enters new $1 billion exposure exchange with the Asian Development Bank

The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]