Civil unrest in Africa hits 6-year high, driven by political tensions, food insecurity — report

Businesses operating in Africa “are grappling with an unprecedented rise in disruption, linked to protests, demonstrations and rioting,” according to a latest research by risk intelligence firm Verisk Maplecroft, which also suggests that the situation will deteriorate over the course of 2023. The surge in civil unrest in Africa, driven by political tensions, food insecurity, […]

Investment push widens Morocco’s trade deficit

The ongoing development projects in Morocco meant the country had to import more equipment and semi-finished products in 2024, leading to an expansion of the trade deficit by 7.3% at 300 billion dirhams ($30 bln). Imports at $76.1 billion outweighed exports at $43 billion, the foreign exchange regulator said. Morocco’s leading exports were cars and […]

African Union’s inclusion in G20 receives broad support at India meeting

There has been no disagreement thus far among various Group of 20 (G20) nations over India’s proposal to include the African Union (AU) into the global group, with the United States saying it will work closely with the Indian presidency on a joint communique at the 3rd Sherpa Meeting in Hampi, India. Since Indian Prime […]