Morocco’s Central Bank announced that measures will be gradually taken to ensure a more flexible exchange rate of the Dirham amid promising macro-economic conditions marked by low oil prices and increasing demand on phosphates. The floating of the pegged dirham was encouraged by the IMF which sees in a more flexible exchange regime a move […]
Madagascar’s recently re-elected President Andry Rajoelina has re-appointed on January 4 his former Prime Minister Christian Ntsay for the same position, as he begins a second term in office following November disputed elections. Rajoelina Thursday told lawmakers of his party and allies that three criteria led him to choose Ntsay as Prime Minister. “Loyalty is […]
Somali president Hassan Sheikh Mohamud and his Turkish counterpart Recep Tayyip Erdoğan met in Ankara this week to reaffirm their countries’ strategic partnership, focusing on enhanced security cooperation and deepening economic ties. The leaders discussed a range of initiatives aimed at bolstering infrastructure, trade, and humanitarian aid, emphasizing Turkey’s role as a critical partner in […]
