Ivory Coast EU Africa Summit

Private lenders, not China, dominate debt repayments from poorer nations — study

Lower-income countries are paying private creditors nearly three times more than they repay China, according to new research by UK-based advocacy group Debt Justice, challenging dominant narratives around global debt. Between 2020 and 2025, 39% of the $354 billion in external debt repayments from 88 low-income countries and small island states will go to private […]

Tunisia to tap Sukuk market

Tunisia will be introducing its financial transactions to Sukuk for the first time next year alongside Egypt according to CIMB Group Holdings and OCBC Al-Amin Bank with the global sukuk sales tipped to surpass 2012 record of $46 billion in 2013. Sukuk has been attracting countries after the global economic crises took centre stage. Countries […]

Morocco-Spain ties stronger than ever- Spanish king

Ties between Morocco and Spain are ushering a new era as they have become stronger than ever thanks to a clear-cut road map, said King Felipe VI of Spain. “With Morocco, we have ushered in a new era that allows us to make progress on a more solid basis,” said the Spanish king, who lauded […]