Morocco’s increasing economic foothold across Africa
From fertilizer to furniture, Morocco’s presence across the continent is rapidly expanding, driven by shared language and historical ties,
Egypt is set to transfer management of state-owned enterprises to its sovereign wealth fund, aiming to enhance returns on state assets, Investment Minister Hassan El Khatib announced Wednesday. This move is part of a broader divestment program to strengthen private sector involvement, a stipulation linked to an $8 billion IMF loan extension. Khatib detailed the strategy at the Investopia 2025 conference in Abu Dhabi, indicating the transfer will occur in phases.
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