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Morocco moves to next step in dirham flexibility reform
Morocco moves on Monday March 9 to the next step in its currency reform broadening the fluctuation band for the dirham to 5% from 2.5% amid positive macro-economic conditions and enough international reserves, the finance ministry said. The North African country launched a gradual floating of its currency in January 2018, raising the official band […]
Libya’s UN Envoy criticizes prolonged delay in roadmap for political transition
Libya’s UN ambassador, Taher El-Sonni, has voiced deep frustration over the continued absence of a concrete UN-led political roadmap for his country, highlighting what he called an unsustainable delay in efforts to resolve Libya’s political impasse. Speaking at a UN Security Council meeting on Tuesday, June 24, following a briefing by Hanna Tetteh, the Secretary-General’s […]
Ethiopia eyes 3 million jobs in 2019-20; Economic growth expanded 9.2% in 2018-19
Ethiopia plans to create about 3 million jobs in the 2019-2020 fiscal year. The announcement was made by Prime Minister Abiy Ahmed while he was presenting the country’s annual report to the House of Peoples’ Representatives at the national parliament. In his address, he raised issues on sustaining economic development and peace and security, as […]



