On Tuesday 19th of April, Egyptian media announced that the US Dollar exchange rate exceeded 11 EGP in the black market; a news that caused unprecedented panic across all sectors of the Egyptian society. On the other side, Tarek Amer, Governor of the Central Bank of Egypt (CBE), has denied any intention of devaluing the […]
Located in the southernmost part of the African continent, South Africa shares borders with six neighboring countries: Botswana, Namibia, and Zimbabwe to the north, Mozambique and Swaziland to the east, and surrounding the kingdom of Lesotho. The country’s climatic conditions vary, with a predominantly semiarid climate and a subtropical climate along the east coast, characterized […]
Morocco will be hosting the 22nd edition of the Conference of the Parties on November 2016, an event considered as the most important rendez-vous on climate change effects. This event comes at a time when the country is embarking on ambitious projects related to the fight against climate change: Morocco is expecting to raise its […]
Starting in January 2016, the VoIP Ban in Morocco significantly impacted Internet users nationwide, restricting the use of popular communication apps like Skype and WhatsApp. This move by the Moroccan telecommunications regulation agency, ANRT, and service providers signals a major shift in digital communication policy. Few days later the Moroccan telecommunications regulation agency, the ANRT, […]
This article aims to provide a general insight of the commercial exchanges’ background between Spain and Africa. On this purpose, we will display figures and charts which may enable us to understand the reasons behind the current context, we will also compare Africa with the rest of the world economic areas, as well as Spain […]
Exploring the Kenyan Agricultural Sector reveals a landscape rich in diversity and opportunity. As a cornerstone of Kenya’s economy, agriculture plays a pivotal role, leveraging the country’s vast arable land and favorable climate to cultivate a variety of crops for both export and local consumption COUNTRY DESCRIPTION Kenya is a large country of 580,367 km² […]
This article will present the key findings of 2015 report about “Illicit financial integrity” prepared by Global Financial Integrity (GFI) -a non-profit, Washington, DC-based research and advisory organization, which produces high-caliber analyses of illicit financial flows, advises developing country governments on effective policy solutions, and promotes pragmatic transparency measures in the international financial system as […]
For years, energy has been heavily subsidized in the MENA region. As stated by the IMF, in 2011 energy subsidies represented 8.5 % of GDP and 22 % of government revenue, at a total cost of $240 billion. Moreover, “six of the world’s largest subsidizing countries are found in MENA, led by Kuwait, Iran, Saudi […]
After a four-year civil war that ended in 1994 and that has thrown Rwanda into a deep crisis, the country is engaged in a new momentum of economic development. In fact, the government has launched in 2000 a long-term development strategy “Rwanda 2020”. The goal of this program is to transform the country from a […]
Introduction to Africa’s Economic Focus Africa’s Mining Industry has become a critical focus for the international economic community, with its development taking center stage in the continent’s economic expansion. With growth having stalled in much of the world’s continents for the last few years, Africa has naturally seen its development take centre stage. Its growing […]
