Tag: economic pressures
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Senegal: Economic pressures shadow high-stakes legislative elections

North Africa PostComments Off on Senegal: Economic pressures shadow high-stakes legislative elections

Senegal prepares for crucial legislative elections that will determine the new government’s ability to implement promised reforms amid mounting economic challenges. The vote follows a period of significant political tension, with over 7 million registered voters choosing representatives for the 165-seat assembly from 41 political entities. Prime Minister Ousmane Sonko’s recent statements regarding supporters’ safety […]
Egypt Finance Headlines

Egypt contemplating $2.5-bilion loan to address growing economic pressures

North Africa PostComments Off on Egypt contemplating $2.5-bilion loan to address growing economic pressures

Egypt is considering taking a loan estimated at around $2.5 billion from regional and international lenders to tackle growing economic pressures, reports say. The government, Bloomberg has revealed citing sources familiar with the matter, is negotiating with regional and international banks over the details of the financing. The talks, the unnamed sources told the US […]