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Morocco expects $10 Bln in remittances & $8.4 Bln in travel earnings in 2022

Remittances by Moroccan expatriates are expected to increase by 12.9 pc to $10 billion in 2022 before dropping by 4pc to $9.6 billion in 2023 due to the deterioration of economic conditions in the host countries, according to the forecasts of Morocco’ Central bank. As for travel receipts, they are projected to end the year […]

France halts delivery of four armored military vehicle to Gabon

A French inter-ministerial Committee overseeing export of military equipment, CIEEMG, has vetoed the delivery of four AML90 armored vehicles to Gabon over fear that the equipment might be used to crackdown on protests during next year’s coming presidential elections, Africa Intelligence reports. The move, France-based media notes, came following pressure by Direction Afrique et océan […]

Libya: Two NOC Staff Killed in Suspected ISIS Attack

Two staff members of the National Oil Corporation (NOC) were killed Monday after ‘masked’ men allegedly associated to the Islamic State group (ISIS) attacked the Tripoli-based headquarters of the critical institution still ensuring revenues to the country. Several men reportedly stormed the glass-fronted building of the institution managing the country’s oil industry. Gunfire and explosions […]