Morocco’s economic growth is expected to rebound to 4.6 pc in 2021 as drought conditions ease, policy remains accommodative, and virus and vaccine trends are favorable, says the World Bank in its latest report on global economic prospects. The updated WB projections, which are taking into account various external and internal factors, confirm the International […]
The European Union (EU) announced two major investments in Nigeria in the renewable energy sector. The investments include a €30 million from the Electrification Financing Initiative (ElectriFI) and a €165 million direct loan from the European Union. The announcement was made during the inauguration of a solar tree at the headquarters of the European Union […]
Egypt’s central bank governor, Tareq Amer, resigned on Wednesday amid the country’s ongoing economic crisis and the Egyptian President accepted his resignation, according to several press reports. Amer had been at the helm of the central bank since 2015, and was due to hold the position for another year. The resignation comes amidst a severe […]
