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Imported inflation haunts Morocco as tension soars in Gulf

The aerial strikes in the Middle East shows no sign of easing, and their economic aftershocks are beginning to weigh heavily on global markets, while in Morocco, fears of a renewed wave of imported inflation are intensifying. The conflict could significantly alter the country’s economic trajectory just as Bank Al‑Maghrib prepares for its first monetary‑policy […]

US to pull out troops from key drone base in Niger amid Russia’s growing footprint in Sahel

The United States has agreed to withdraw its about 1,000 troops from Niger, where it built and operated a major drone base in the desert city of Agadez, in a move that effectively marks a new regional gain for Russia. Washington has accepted the call to pull out its troops from Nigeria and is committed […]

African trade ministers urge US govt to ensure renewal of AGOA by end of 2024

African ministers of trade attending the 21st African Growth and Opportunity Act (AGOA) Forum held in Washington D.C. last week have urged the US government to do away with the AGOA’s annual reviews and expressed the importance of an expeditious renewal of the legislation by the end of 2024. With AGOA expiring in 14 months, […]