Traffic in Moroccan ports up 5.1% in 2020

Despite challenges posed by the pandemic to international trade, Moroccan ports handled 92.5 million tons in 2020, that is a 5.1% rise compared to a year earlier, the national ports agency said. Imports rose 4.4% to 56.1 million tons due notably to a rise in cereal purchases by 33.4%, sugar (+8.9%), animal feed (+3.4%), coal […]

Africa’s crypto challenges: crackdown, ban or regulation in wake of rising scams

Despite rising interest all across the continent, trade in cryptocurrencies remains banned — in part due to concern about soaring losses arising from crypto scams — by most African governments save for the Central African Republic (CAR). The latest Chainalysis report indicates that losses arising from cryptocurrency scams rose by 60% in the first seven […]

Egyptian MP calls for TikTok ban over ethics and security concerns

Egyptian MP Essam Diab has urged Prime Minister Mostafa Madbouly and Communications Minister Amr Talaat to ban TikTok, accusing the platform of undermining societal and family values. Diab described in a Facebook statement, the app as a source of “debauchery and obscenity” threatening Egyptian identity and ethics. Diab, who submitted a formal briefing request, argued […]