Ilham Kadri solvay

Morocco turns to taxes to cut deficit

Morocco plans to increase the budget for health, education and social safety nets next year but expects the budget deficit to be reduced thanks to an increase in tax revenue, reads the 2023 draft budget. The budget plans to increase in the next four years taxes on companies exceeding 100 million dirhams in annual profits. […]

Tunis Protests Italian Official’s Statement Calling Tunisia ‘ex-detainees exporter’

The Tunisian foreign minister Monday summoned Italy’s ambassador to protest the newly appointed interior minister’s claims that the North African country is exporting criminals and ex-prisoners to Italy in the wake of the death of 48 illegal migrants off Tunisian coasts. After summoning the Italian ambassador, the ministry also released a statement indicating that it […]

Russia’s agri exports to Africa surge in 2024, boosting Kremlin’s influence

Russia significantly boosted its agricultural exports to Africa in 2024 by 19%, reflecting the country’s growing economic influence across the continent amid the continuing war in Ukraine. During the previous fiscal year, Russia’s agricultural exports to Africa surpassed $7 billion, according to a statement released by the Agricultural Export Center (Agroexport), with Egypt, Algeria, and […]