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DR Congo’s M23 rebels capture Bukavu, raising fears of regional escalation
The M23 rebels, backed by Rwanda, have seized control of Bukavu, the second-largest city in the eastern Democratic Republic of Congo (DRC), raising fears of a regional escalation. Their rapid advance through the South Kivu region, after an earlier lightning-speed offensive on Goma in neighboring North Kivu, marks a significant escalation in the ongoing conflict. […]
Morocco’s King receives Central Bank’s report confirming country’s economic resilience
Morocco’s economy showed resilience to external shocks thanks to the diversification strategy and the reforms undertaken over the past two decades, said Governor of Bank Al-Maghrib in an address he made Saturday before King Mohammed VI. The Moroccan economy, suffering from a challenging global context and a particularly severe drought, grew by 1.3 pc in […]
Saudi Fund, Mauritania ink $40m loan deal
The Saudi Fund for Development, SFD, provided Monday December 18 Mauritania with a soft credit line of $40 million earmarked for the construction and equipment of two educational institutes that are specialized in key sectors of the economy. The deal was signed by SFD CEO Sultan Al-Marshad and Mauritania’s Minister of Economy and Sustainable Development, […]



