Macron, Brigitte

Moody’s confirms improvement of Morocco’s financial outlook to stable

Credit rating agency Moody’s affirmed Morocco’s outlook to stable from negative while it maintained its long-term issuer at BA1. Moody’s noted the recovery of Morocco’s real GDP to levels backed by solid crisis management capacities by the government during the pandemic, the agency said in a statement. “The improved governance track record underpins Moody’s expectation […]

Ugandan President’s son vows to send troops to Russia if attacked

Muhoozi Kainerugaba, an army general and son of President Yoweri Museveni of Uganda said on Thursday on Twitter that the eastern African country will send forces to back Russian President Vladimir Putin, should the west attack Moscow in the ongoing conflict with Ukraine. “Call me a ‘Putinist’ if you will, but we, Uganda, shall send […]

UAE leads investment charge into lucrative African market

The United Arab Emirates (UAE) has emerged as Africa’s largest provider of foreign direct investment (FDI), funnelling $59.4 billion into key high-growth sectors such as infrastructure, energy, transport, logistics, and technology. The UAE has joined the bandwagon of world powers scrambling for commercial dominance in Africa, targeting a share of the continent’s 1.2 billion people […]