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Algerian regime battling windmills, Morocco shifting into higher economic gear
While Algerian rulers continue funning conspiracy theories, escalating rhetoric and provocative actions against neighboring Morocco, the North African Kingdom remains focused on drawing foreign investors and creating business opportunities to speed up sustainable development and inclusive growth. Morocco has succeeded in building competitive automotive and aeronautic industries thanks to its open enterprising economy, political stability, […]
Abraaj Capital and OPIC agree on joint venture
As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by US Deputy Secretary of State for Management and Resources, Thomas Nides, between one of the regions’ biggest investment institution in Egypt, Abraaj Capital, and the US Overseas Private Investment Corporation (OPIC) with plans to invest […]
Kenya eyes taxing crypto transactions amid market meltdown
The government in Kenya, where about 8.5% of the population owns cryptocurrencies, has drafted a bill to tax crypto transactions in all exchanges in the country, even as the global crypto market undergoes a mass meltdown. The Capital Markets (Amendment) Bill, 2022 would allow for the taxation of crypto exchanges, digital wallets and transactions. Crypto […]



