Morocco’s resistance to shocks reflects “strength of its economy & financial system” – IMF

Tobias Adrian, Director of Monetary and Capital Markets Department within the International Monetary Fund (IMF) emphasized the resilience of the Moroccan economy and its “impressive performance” in the aftermath of the earthquake that his central Morocco on September 8. The remarks were made during the presentation of the IMF global report on financial stability on […]

Russia, Mozambique deepen defense and energy ties, aiming to diversify foreign investment

Russia and Mozambique reaffirmed their longstanding defense partnership during a diplomatic visit to Moscow by Mozambican Foreign Minister Maria Manuela dos Santos Lucas. The talks with Russian Foreign Minister Sergey Lavrov highlighted both countries’ commitment to strengthening military cooperation and expanding economic ties, particularly in the energy sector. Lavrov pledged continued Russian support for enhancing […]

Ethiopia declares state of emergency in Amhara, accuses militia of seeking to overthrow govt

Militiamen in the Amhara region have been accused by a senior Ethiopian official of seeking to overthrow the regional and federal governments, as authorities declared a state of emergency following days of fighting. While the Ethiopian army and the Amhara militia were allies in the two-year civil war against the northern Tigray region, but now […]