Morocco continues to attract foreign investment thanks to its political stability, economic performance, open-market, unique geostrategic position and growing competitive industrial eco-system. British Company PowerForce Global, leader in industrial maintenance and service solutions in energy sector, has launched its operations in Morocco as part of its expansion strategy in North Africa. The Bristol-based Company delivers […]
The International Monetary Fund (IMF) said on Thursday it had agreed a $3 billion Extended Fund Facility (EFF) over 46 months with Egypt, Reuters reports. The deal is part of a four-year international financing program worth a total of $9 billion which also includes $1 billion from the IMF’s Resilience and Sustainability Trust (RST) and […]
World Economic Forum’s (WEF) annual survey of chief economists from the public and private sector is relatively upbeat about Africa, with 65% of them expecting moderate growth in sub-Saharan Africa this year, but geopolitical rifts could hit global growth. According to the WEF’s Chief Economists Outlook report, 56% of the chief economists polled anticipate a […]
