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Somalia: Deadly beach restaurant attack in Mogadishu claims 37 civilian lives

A devastating attack on a popular beach restaurant in Mogadishu, Somalia’s capital, has left at least 37 civilians dead and 212 injured. The explosion, which occurred late Friday, marks the deadliest assault in the country since the October 2022 car bombings that claimed over 100 lives. Authorities have blamed the attack on the militant Islamist […]

Fifteen COMESA countries establish road development funds

Fifteen out of 21 countries in the Common market for Eastern and Southern Africa, (COMESA) have established dedicated Road Funds and Road Development Agencies to undertake maintenance, and development of roads for both the regional and national road networks, COMESA said on its website.   The announcement was made on the sidelines of the 11th […]

Moroccan think tank says economy could lose 1.6% of GDP due to oil shock

A 20% rise in global oil prices could shave 1.6% off Morocco’s GDP and put more than 5% of its workforce at risk, highlighting the country’s exposure to energy shocks linked to tensions around the Strait of Hormuz, according to a report by the Policy Center for the New South (PCNS). The Moroccan think tank […]