jean-yves-le-drian

Nigeria’s Naira, Kenyan Shilling worst hit of Africa’s devaluing currencies in 2023 with no hope in sight

African countries have faced a myriad of challenges in 2023, not the least of which was currency devaluation, with Nigeria’s Naira and Kenyan Shilling experiencing their largest drop in value against the greenback in 24 and 30 years respectively. While Nigeria and Kenya recorded significant growth across numerous industries, there were still instances of socio-economic […]

Sahara: Constants of Morocco’s position reaffirmed at meeting with Staffan de Mistura in New York

The unchanging constants of Morocco’s position regarding the achievement of a realistic, pragmatic, and lasting political solution to the Sahara issue, were reaffirmed at a working session held in New York Monday between Moroccan Foreign Minister Nasser Bourita and the UN Secretary-General’s Personal Envoy for the Sahara, Staffan De Mistura. The working session, attended by […]

France’s Economic Diplomacy in Africa Faces Structural Decline Amid Rising Competition

France’s economic diplomacy in Africa, historically a cornerstone of Paris’s international influence, confronts profound crisis as market share erodes and competitors gain ground. Fifteen years ago, France still considered itself a major banking and commercial power across the continent, with key sectors from finance to infrastructure making Paris an indispensable partner for Francophone and Anglophone […]