Africa CEO Forum

Egypt: Former Head of Anti-corruption Watchdog Arrested

Former head of Egypt’s anti-corruption department Hisham Geneina has been arrested on Tuesday, after he claimed that former army chief of staff Sami Anan is in possession of secret documents that implicate leaders of President Fattah al-Sisi’s regime, his lawyer and his sister told the media. Hisham Geneina, according to his lawyer Ali Taha, was […]

Burkina Faso acquires military equipment worth $415m to fight terrorism

Burkina Faso has acquired military equipment including drones and armored vehicles worth around $415 million to beef up the army’s capacity in the fight against terrorism, reports say. The acquisition took place this month after the government greenlighted on March 1st the ratification of a sovereign guarantee in favor of International Business Bank Burkina (IB […]

Morocco Expects Growth Rate to Decrease to 3.2% in 2018

The Moroccan government released its GDP growth forecasts for 2018, which expects the economy to grow by 3.2% down from 4.8% this year. The Head of the Government office said in a statement that the forecasted rate is higher than the one announced by the government’s statistics agency (HCP), which said that Morocco’s economy will […]