Libyan-Algerian border

EAC members bicker over who will host regional central bank to be set up in 2023

A decision to set up the East African Monetary Institute (EAMI) — the Central Bank of East Africa — which is widely seen as a key institution required in implementing a single currency regime, will be made this year, East African Community (EAC) Secretary-General Peter Mathuki has said. Member states have so far failed to […]

Egypt: Political Unrest Costs are Very High

Egypt’s Minister of Finance, Mursi Hijazi, revealed that the country is losing about 100 million pounds per day because of insecurity and political unrest and that workers’ repeated strikes have also contributed to the losses. According to the minister, “the losses are caused by various disruptions, such as sit-ins, protests, cutting off roads and breaking […]

Morocco, WB Discuss Preschool Education, Social Welfare

Morocco and the World Bank started Monday in Rabat discussions on a set of issues, on top of which preschool education and the consolidated social register that will identify families deserving to benefit from social assistance programs. The discussions are held during the visit World Bank Vice President for the Middle East and North Africa […]