Business & Economy Bound

Egypt faces major risks this year as economy continues to fall apartF

“Chicken feet are good for you…” The Egyptian pound traded Wednesday at half its value from March after the central bank intervened for a third time as part of an International Monetary Fund loan agreement. The devaluation, representing a drop of around 50 percent...
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Podcast: Sahel and North Africa week in review 7 Jan 2023F

Greetings to our second episode of Week in Review and a quick summary of what we are tracking in the Sahel and in North Africa. Today is Saturday, the 7th of January 2023. This past week was somewhat subdued in the region largely due to the year-end holiday season and...
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Egypt starts the year with a disastrous economic environment and social tensionF

By Mona Salem and Sarah Benhaida: Public anger has been growing for months in Egypt over a severe dollar crunch and soaring food prices. But for many a money-saving tip from a state body has been the last straw. As families have struggled to purchase household...
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Tunisia facing daunting economic outlook, headed to IMF bailoutF

Tunisia faces a year of low economic growth and runaway inflation, and urgently needs a bailout deal with the International Monetary Fund, its central bank chief said Wednesday. "We need to reach a deal with the IMF as soon as possible to mobilise external finance in...
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