Moroccan delegation in Geneva

India ups lending to Africa in bid to counter China’s dominance

Africa has become the second-largest recipient of credit from India while over the past decade 18 of the 25 new Indian embassies or consulates were opened in the continent, as the South Asian powerhouse tries to catch up with China’s massive sway in the resource-rich continent. Many African nations received about $12 billion or 38% […]

‘Historical reversal’: World Bank warns of widening gap between poorest and wealthy nations

One-half of the world’s 75 poorest countries — more than half of whom are in Sub-Saharan Africa — are facing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, according to a new report released by the World Bank. The report unveiled this week […]

President Macron says he will visit Morocco in October

French President Emmanuel Macron said he will pay a visit to Morocco in late October, after wrapping up a visit to Algiers in which no major investment agreement was signed. Macron made the statement while talking to a group of festival goers at Touquet Music Beach. Macron last visited Morocco in November 2018 to inaugurate […]