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Fathi Bashagha’s administration approves $20-bn draft budget
The cabinet of Fathi Bashagha; one of Libya’s current two Prime Ministers, has approved a draft budget of nearly 95 billion Libyan dinars ($20 billion) for 2022. “The draft budget for the fiscal year 2022 was presented, discussed, and delivered during a meeting chaired by Prime Minister Fathi Bashagha on Thursday,” Minister of planning and […]
Morocco’s Casablanca Finance City leads Africa in Global Financial Centres Index 31
Morocco’s Casablanca Finance City topped the continental ranking in the financial centres index, holding the 54th spot globally out of 119, according to a recent report released this March by Long Finance & Financial Centre Futures. Casablanca continues to be the leading African financial centre, while Cape Town and Johannesburg continue to improve their ranking […]
Egypt accelerates domestic energy drive with two new Western Desert wells
Egypt has announced on Thursday, January 1, the successful drilling of two new oil and gas production wells in the Western Desert as part of a broader strategy to scale up domestic energy output. The Dorra-36 and West Yasmine-3 wells, completed by Agiba Petroleum Company, have shown strong early performance, with combined expected production of […]



