egypt6

Banking: Beijing-based AIIB welcomes Tunisia as 97th member

The Tunisian development, finance and international cooperation ministry Tuesday said the North African country has officially become full member of the Asian Infrastructure Investment Bank (AIIB), based in Beijing, China. “The AIIB approved the accession of Tunisia on April 22,” the ministry said in a statement. Tunisia, which made the request to join the financial […]

Morocco’s Agricultural Exports Rise 97% in 2010-2019

Morocco’s agricultural exports rose by 97% to 57.7 billion dirhams (over 3 million tons) between 2010 and 2019, Morocco’s export agency Foodex said. Agricultural exports represented 21% of overall Moroccan exports in 2018, it said. Separately, head of the government Saad Eddine El Othmani said Morocco is lowering the vulnerability of its economy to rainfall, […]

World Bank loans Sudan $100m to combat deep food insecurity

The World Bank has released $100 million for the World Food Program to tackle “deep food insecurity” for 2 million people in Sudan. The Washington-based institution in a statement said the funds will help provide an “emergency safety net” amid worsening hunger in the northeast African nation “caused by a poor harvest and rising international […]