Africa’s $824bn debt burden, opaque resource-backed loans, hamper continent’s economic potential — AfDB

African Development Bank (AfDB) has asked policymakers to put in place an orderly and predictable way of dealing with Africa’s ballooning, unsustainable external debt pile that reached $824 billion in 2021. Africa’s $824 billion debt burden, the servicing of which requires countries to dedicate 65% of their GDP, and opaque, non-transparent resource-backed loans hamper the […]

Spanish Foreign Min loses job following gov’t reshuffle

Spanish Prime Minister Pedro Sanchez excluded foreign minister Arancha Gonzalez Laya following a government reshuffle that left key portfolios intact. Jose Manuel Albares was named new foreign minister, while Isabel Rodriguez will become the new government spokesperson and territories minister. Laya was rebuked for triggering and mismanaging a crisis with Morocco after she was found […]

Morocco, Premier Partner of London’s World Travel Show

Morocco has partnered with London’s World Travel Market Show to bolster its tourism industry by attracting more tourists and more investors to the North African country, a recognized international popular travel destination. Thanks to this partnership, the organizers of the World Travel Market, due November 6-8, will turn the spotlight on Morocco offering travelers a […]