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Why the IMF and WB should maintain annual meetings in Marrakech

Maintaining the IMF-World Bank annual meetings in Marrakech would give a much-needed push of support to Morocco’s earthquake-affected tourism sector, tourist operators say. Morocco’s central bank governor Abdellatif Jouahri said at a preparatory conference in Rabat that the annual meetings are still planned for October 9-15. But the two financial institutions are yet to confirm, […]

Egypt: IS Jihadist group blows up gas pipeline to Jordan in Sinai

IS-link group in Sinai Province Thursday claimed it destroyed gas pipeline supplying Jordan amid Egyptian forces’ claims they have killed dozens of militants recently. “By the name of God, not a drop of gas will reach Jordan until the caliphate gives its permission,” the group said in a statement posted on Twitter. It also claimed […]

Start-ups in Africa raised $2.2b in 2024, pushed by mega deals, 25% drop from 2023

Start-ups in Africa cumulatively raised $2.2 billion in equity, debt, and grants (excluding exits) in 2024, and though it is a significant figure in absolute terms, it represents a 25% drop compared to the $2.9 billion that were raised on the continent in 2023, ‘Africa: The Big Deal’ has revealed. According to the funding report […]