Sub-Saharan African nations are facing mounting fiscal strain as they increasingly turn to domestic banks to fund government budgets, the International Monetary Fund (IMF) warned in its latest Regional Economic Outlook. With global capital markets still hesitant and aid flows uncertain, governments are borrowing more at home — paying higher rates and placing pressure on […]
Mauritanian Parliamentarians have filed a defamation suit against former President Mohamed Ould Abdel Aziz. On April 15, in an interview with Jeune Afrique, former President Ould Abdel Aziz accused Parliament of having received a bribe of 300 million ouguiyas from the government, the equivalent of nearly 700,000 euros, to vote for the creation of […]
Participants at a meeting held Friday in Washington on the role of Nigeria and Morocco in regional cooperation and the future of the energy sector in Africa, stressed that both countries can benefit from the transformation of the global energy market needs, and that this strong bilateral partnership plays an important role in securing the […]
