Special-Forces-Cobra-Austria

Morocco’s trade deficit shrinks up to May

Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still less than imports at 308 billion dirhams. The automotive sector topped Morocco’s exports at 67 billion dirhams, up 12%, auguring well for another record exports this year. Aeronautics was the […]

Nigeria: deepening currency crisis, soaring inflation are threats to country’s economy

Currency crisis in Nigeria deepens as its currency, the Naira, has dropped to ₦1,040 per dollar, which comes as a national industrial association has warned that soaring inflation is a threat to the country’s economy. In the parallel market, Nigeria’s currency has dropped to N1,040 per US dollar as supply surpassed demand, which was due […]

Sahel emergency: the world’s most neglected and conflict-ridden region

Africa’s volatile Sahel region risks becoming a forgotten crisis because of the many competing emergencies around the world, a senior United Nations official has warned. The head of the regional office for West and Central Africa for the Office of the Coordination of Humanitarian Affairs, Charles Bernimolin, noted that millions of people in six Sahel […]