FIFA Infantino

Egypt’s Investor’s Union desperate about future

A recent report conducted by the Investors Union stated that approximately 1500 factories in Egypt have either closed or are operating at reduced capacity. Production has been falling since the economic crisis began and the number of factories to close will be increasing especially those importing raw materials to be used in local production. The […]

EIB Extends €70 Millon Loan to Euro-Mediterranean University of Fez

The European Investment Bank has granted a loan of €70 million to the Fez-based Euromed University for the construction and the equipment of a campus. An agreement was signed by officials from the Bank and the University last week to bolster the finances of the Euro-Mediterranean Institute, whose honorary Chairman is King Mohammed VI. Over […]

African Nations launch alternative credit rating agency to challenge global giants

Africa is set to establish its own credit rating agency by June 2025, marking a significant shift in how the continent’s economies are evaluated. The Africa Credit Rating Agency (AfCRA) aims to provide more nuanced sovereign ratings by incorporating local contexts often overlooked by traditional agencies like Moody’s, Fitch, and Standard & Poor’s. This initiative […]