The Kremlin has announced the expansion of the list of “friendly and neutral” African countries whose banks may now trade currencies and derivatives in Russia. By adding Nigeria, Tunisia and Ethiopia to the list, “the number of friendly and neutral countries whose credit institutions and brokers will be allowed to trade on the Russian foreign […]
The World Bank (WB) said in its semi-annual MENA economic Monitor that GDP growth in Morocco will rebound to 3.8% in 2017 on the backdrop of abundant rainfall auguring a good agricultural season. The report noted that growth would improve to 3.8% after the Moroccan economy endured the impact of drought in 2016 which dragged […]
More than ten years after Muammar Gaddafi’s assassination, Libya remains trapped in chaos, its promises of liberation eroded by division, corruption, and broken institutions. The 2020 ceasefire muted the sound of gunfire but did little to mend the nation’s political fractures. Ordinary Libyans endure hardship amid hunger, insecurity, and corruption, while the threat of renewed […]
