Moroccan royal navy

Libya: HoR-backed army Chief of staff threatens to attack oil tankers unauthorized by HoR

UNSMIL Head Martin Kobler Monday received a blow as Libyan army commander backed by the House of Representatives (HoR) threatened to attack any oil vessels entering Libyan waters if not authorized by National Oil Company (NOC) recognized by the HoR. Army Chief of staff Abdelrazak Nazhuri said the vessels will be attacked by army aviation […]

Rough start to 2023: inflation persists in DRC, Senegal, S.Africa despite measures

Inflation constitutes one of the major economic problems all across Africa, with the food prices in the Democratic Republic of Congo (DRC) and South Africa continuing to rise significantly and with the Senegalese government announcing a rise in fuel and electricity prices starting from Saturday January 7. In its latest update on food inflation, the […]

UK fintech Revolut seeks foothold in Moroccan market

British fintech giant Revolut is in advanced negotiations with Bank Al-Maghrib as it seeks to establish a strategic foothold in Morocco, potentially positioning the country as its continental base for expansion across Africa. Speaking to reporters, governor of Morocco’s central bank Abdellatif Jouahri said the institution held technical meetings with Revolut’s representatives in June and […]