AfDB

Egypt: Economy shows signs of revival, two new ministries underway

The Egyptian government has received a big boost after it sold $1.5 billion of 10-year bonds at a yield of 6% with lead managers claiming that $4.5 billion of investor orders were attracted by the bond issuance. The success of this first international bond issuance under Sisi’s government shows signs of a return to normality […]

Morocco to allow home isolation as coronavirus cases spike

Morocco’s health ministry gave a go-ahead for home isolation of coronavirus cases as a surge in infections loaded hospitals in some major cities such as Casablanca and Tangier. The ministry said that asymptomatic infected people will be asked to receive their treatment at home provided that other family members or flat-mates leave the house for […]

Morocco about to open its liaison office in Tel Aviv

Morocco’s liaison office in Tel Aviv will soon open following a visit by a junior foreign ministry delegation to the Israeli capital this week after a landmark US-Israel-Morocco deal. Ofir Gendelman, spokesperson for Israeli Prime Minister Benjamin Netanyahu to Arab media, published on his twitter account a photo of the headquarter of the liaison office. […]