Hosni moubarak

As Africa’s debt crisis threatens progress, experts urge bold, homegrown solutions

Africa’s mounting debt burden — now standing at 64.3% of the continent’s GDP — is choking vital investments in health, education, and infrastructure, warns the United Nations Economic Commission for Africa (UNECA). Speaking at a recent Africa Regional Forum on Sustainable Development, UNECA executive secretary Claver Gatete painted a sobering picture: out of 144 Sustainable […]

IMF: Morocco’s growth to reach 0.8% in 2022 & 3.1% in 2023

Morocco’s economic growth is expected to slow down to 0.8% in 2022 due to adverse international juncture and rebound to 3.1% the following year, says the International Monetary Fund (IMF) in its latest World economic outlook. Inflation is expected to reach in the country 6.2% this year before decreasing to 4.1% in 2023, adds the […]

Egypt, Russia to Boost Trade, Industrial Cooperation

Egypt and Russia have signed several agreements and memoranda of understanding meant to boost trade and industrial cooperation between the two countries. The accords were signed at the end of the tenth Russian-Egyptian intergovernmental commission session on trade, economic and scientific cooperation held in Cairo. Some of the major agreements provide for the establishment of […]