NewsNorth Africa

Fri,27Apr2018

North Africa

Interview: Tariq Sijilmassi, Chief executive, Crédit Agricole du Maroc

V.Fournier/Jeune AfriqueCapitalising on its strong results, state-owned Moroccan bank Crédit Agricole du Maroc is preparing to go public and expand into Africa

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Egypt's jewel of the Red Sea

David Silverman/Getty ImagesLow-rise and low-key, Dahab, on the southern tip of the Sinai Peninsula, is the perfect base for diving or a mountain trek

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Morocco's safe space for girls to learn

There are now around 130 Dar Taliba girls’ boarding houses, offering a safe environment away from  home at no cost to parents - Credits: Nicolas TAVERNIER/REA
Since 2005, a network of boarding houses is enabling a new generation of female students to get access to education by assuaging parents’ concerns about rural girls studying far away from home

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Egypt economy likely to remain unshaken by Sinai attack

 A dancer performs at the Red Sea resort city of Sharm el-Sheikh, Egypt, July 29, 2011.Tourism is not expected to be affected by the recent mosque attack. Photo: Adel Hana/AP/SIPAThe mosque attack in Egypt's Sinai may only strengthen the view that the country needs continued IMF support as agreed a year ago and the economy is likely to quickly shake off any negative repercussions, economists say.

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IMF credit to Chad delayed over Glencore oil debt

Negotiations are likely to be further delayed after President Idriss Deby sacked his Finance Minister Christian Georges Diguimbaye and the deputy. In this photo, President Deby is shown in N'Djamena, Chad, Wednesday, April 20, 2016. Photo: Andrew Harnik/AP/SIPAChad's stalled talks with Glencore on restructuring more than $1 billion in debt due to the trading firm has delayed the release of IMF funds for the struggling central African country until at least early next year, sources familiar with the matter said.

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Tunisia's trade deficit rises to a record $5.28 billion

Tunisia's prime minister Youssef Chahed attends a press conference  at the Elyse Palace in Paris, France, Nov. 10, 2016. Photo: Francois Mori/AP/SIPATunisia's trade deficit widened by 23.5 percent year-on-year in the first 10 months of 2017 to 13.210 billion dinars ($5.28 billion), a record level, the State Statistics Institute said on Friday.

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