King Mohammed VI 2018

Morocco Calls for Strengthening of MINUSCA Capacities

Morocco, acting chair of the UN Peacebuilding commission, has called for the reinforcement of the capacities of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA). The call was made by Moroccan foreign minister Nasser Bourita during a high-level meeting held Tuesday in New York on the situation in the Central […]

Africa fueled with optimism with prospect of US interest rate cut in 2024

Emerging and frontier markets in Africa now have a reason for cautious optimism in 2024 following a recent announcement by The Federal Reserve (Fed) signaling possible cuts of up to 75 basis points in the coming year. New forecasts from central bank officials showed a turn from the hawkish rate environment Fed Chairman Jerome Powell […]

Géant Casino unveils around $64m expansion plan in Egypt

French hypermarket Géant Casino will invest about $64 million (EGP 1 billion) in Egypt as part of an expansion plan, reports say. The company, a subsidiary of Groupe Casino, as part of the plans, will open 15 new supermarkets, hypermarkets, and express markets in the Arab country. The announcement came the company inaugurated its first […]