EP-059630A_NGO

Libya to lead Arab countries in economic growth by 2025, IMF forecasts

The International Monetary Fund (IMF) has projected that Libya will lead the Arab world in economic growth by 2025, anticipating an impressive growth rate of 13.7%. According to a recent report from the IMF, Libya’s economic growth is expected to escalate from a modest 2.4% in 2023 to this remarkable figure in 2025, positioning the […]

Egypt-based Edita Food Industries to launch production plant in Morocco by end of 2021

Edita Food Industries (EFID), one of Egypt’s largest food companies, will inaugurate a production factory in Morocco by end of this year, a top official of the company told Almal News.   Hani Barzi, Chairman of the company told the media that the factory was planned for last year but the pandemic and the lockdown […]

IMF $3bn bailout package for Ghana defies Akufo-Addo’s ‘Ghana beyond aid’ policy

Ghana, formerly praised for its stability and good governance, is finally getting some breathing room after Ghanian officials announced last week (18 May) that the $3 billion bailout for the West African nations had finally been approved by the International Monetary Fund (IMF) Ghana has been facing a severe economic crisis since the onset of […]