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Africities Summit: African Network of Urban Agencies launched at Morocco’s initiative

An African Network of Urban Agencies and similar institutions was launched on Thursday in Kisumu, Kenya, at the initiative of Morocco. The network was launched during the 9th edition of the Africities Summit held this May 17-21. The initiative, crafted in partnership between the Federation of Urban Agencies of Morocco “MAJAL” and the Ministry of […]

Nigeria’s naira plunges to record lows as citizens react to govt’s redesign plan

Nigeria’s currency, the naira, has dropped to a record low against the US dollar as Nigerians scramble to stockpile the greenback ahead of a redesign of naira notes. It has been just over a week since the Central Bank of Nigeria (CBN) announced its plan to redesign the country’s highest paper denominations – the 200-, […]

Fitch Solutions upbeat outlook over Morocco’s tourism growth prospects

Morocco’s tourism arrivals will continue to expand in 2024, building on the market’s ability to recover to its pre-pandemic arrival (2019) levels in 2023, says Fitch Solutions in its latest business monitoring report. Over the medium term (2024-2028), a projected annual growth of 4.4% will be supported by the government’s 2023-2026 Tourism Strategic Roadmap, adds […]