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Fitch Rating expects Moroccan banks profitability to improve in 2023

Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]

Tunisia: Landmine blast injures soldier in restive Kasserine province

A Tunisian soldier sustained injuries Wednesday after an artisanal landmine exploded in the military zone of the restive Kasserine province, Webdo Tunis reports. The blast occurred during a military combing operation in the Mghila mountain for terror groups, the media notes. The soldier was injured in the leg and had been admitted to regional hospital. […]

The top beneficiary countries of Sino-Africa trade in 2018

Trade import and export volumes between China and countries from Africa have grown significantly in 2018, but only 15 countries from the continent have benefited from the growth. According to Chinese customs service, most of these countries are located in sub-Saharan Africa, with the exception of Libya. These are Angola, South Africa, Congo, DRC, Zambia, […]