Ex-Gabon First Lady to remain in prison after investigative judge rejects bailout request

Sylvia Bongo Ondimba, wife of Gabon’s former leader Ali Bongo Ondimba, will remain in detention in Libreville main prison after the investigative judge turned down her defense team’s bailout request, ‘Gabon Review’ reports. The Franco-Gabonese woman was sent to prison on October 12, after long hours of hearing in an alleged case of money laundering […]

Economy: Fitch affirms Morocco’s ‘BB+, stable outlook

Fitch Ratings has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook. Morocco’s ‘BB+’ ratings reflect sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable international liquidity buffers, explained the agency in a commentary published on its official website. Fitch indicated that Real GDP growth was stable […]

Renewable Energy: Morocco called to share its successful experience – AfDB President

Morocco is called upon to share its successful experience in renewable energies with African countries, said President of the African Development Bank (AfDB) Akinwumi Adesina, who is taking part in the AfDB annual meetings held in Sharm el-Sheikh, Egypt, this May 22-26. Morocco aimed high in capitalizing on renewable energy to develop its economy, said […]