IMF Expects Mauritania Economy to Grow 4.2 % in 2016

The International Monetary Fund (IMF) expects Mauritania’s real GDP growth to reach 4.2 percent in 2016 thanks to a rebound in mining production. After concluding a recent review of the country’s economic situation, the IMF says economic activity in the non-extractive sector is expected to remain subdued, with growth slowing marginally to 2.9 pc in […]

Haftar risks sapping Libyan peace efforts

Libya’s renegade general, Khalifa Haftar, has derided the ceasefire declared by the rival governments in the East and West and his forces have already violated the truce with hostilities that risk ending the brim of hope that started to appear at the end of the Libyan infighting tunnel. Local Libyan media cited attacks by Pro-Haftar […]

Boeing pledges $100 million for 737 MAX crash victims

American aircraft manufacturer Boeing Co on Wednesday said it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia. Two crashes within five months—Lion Air Flight 610 in October off the coast of […]