Tunisia curfew

IMF commends Morocco for mitigating economic impact of external shocks

The IMF highlighted on Jan 24 the “very strong policy response” that Morocco took to mitigate the social and economic impact of the recent negative shocks fueled by the repercussions of the war in Ukraine. At the end of its Article IV consultations, the IMF said Morocco’s economy will bounce back to 4% in 2023 […]

Tunisia warns Libya’s new PM not to use territory as rear base for political ambitions

Tunisian authorities have banned Libya’s Prime Minister Fathi Bashagha appointed by the Libyan parliament from using the North African country as a rear base for his political ambitions as he strives to sit his government in Tripoli controlled by forces loyal to outgoing Abdulhamid Dbeibah, the Africa Intelligence reported. Bashagha, a former Libyan Interior Minister, […]

Morocco: Attijariwafa Bank Eyes Takeover of Barclays’ Egypt Branch

Morocco’s leading banking group, Attijariwafa bank, has submitted a bid to take over British Barclay’s Egypt branch, a source close to the Moroccan institution told Reuters. The transaction has been estimated at $400 million. Barclay has decided to get rid of its Egypt’s branch as part of structural adjustment policy in a move to generate […]