European Parliament

Sahel bloc accelerates plans for regional bank

Finance and economy ministers from the Alliance of Sahel States (AES) have agreed to fast-track the launch of a new regional financial institution aimed at bolstering economic sovereignty and reducing dependence on external donors, following their exit from regional bloc Ecowas. In a recent meeting in Niamey, officials from Burkina Faso, Mali, and Niger reached […]

Algeria to get a new constitution

Algerians will be looking forward to the revision of their constitution after a message from President Bouteflika announced ongoing plans. The message stated that the decision was motivated by the changes in the Algerian society, strengthening of the state institutions and maintaining stability. Presidential adviser Mohamed Ali Boughazi read the message at an African scientific […]

Morocco’s tourism GDP surges 38.4 percent in post-pandemic recovery

Morocco’s tourism sector has confirmed its robust post-pandemic momentum with the tourism gross domestic product registering a remarkable 38.4 percent increase in 2024 compared to 2019 levels, according to the Tourism Satellite Account published by the High Commission for Planning. The sector’s contribution to national GDP strengthened from 6.8 percent to 7.3 percent, reflecting tourism’s […]