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Egypt: reforming the financial sector before 2014
Chairman Sherif Samy of the Egyptian Financial Supervisory Authority (EFSA) has stated that the financial sector will be revised before the end of the year in order to ease and fasten the transactions. Capital markets in Egypt suffered deeply from the revolution which began in 2011 forcing several foreign portfolio managers to withdraw their money […]
Senegal’s federation, government cling to accusations and outrage following CAF indictment
Senegal’s federation and government clung to outrage after the African football federation stripped it of a controversial African Cup of Nations title. Instead of recognizing their own violations of CAF regulations- they themselves violated- Senegalese government and football authorities indulged in conspiracy theories and unfounded accusations. CAF’s Appeal Board on Tuesday confirmed that Senegal had […]
World Bank: Remittances to Morocco surge 40 % in 2021
Remittance flows to Morocco increased by 40 pc in 2021, reaching $10.4 billion, says the World Bank in its latest “Migration & Development Brief”. With such performance, Morocco becomes the second-largest recipient of remittances in the Middle-East and North Africa region. Indicators for early 2022 suggest a continuation of buoyancy in receipts, says the WB […]



