The country’s sectarian crisis seems to be deepening as clashes broke out again between the sunnis and shite. Recent events took place in the Palestinian refugee camp of Ain el-Hilweh on the edge of Sidon where majority of the habitants are Sunnis and most of them followers of Sheikh Ahmed al-Aseer. Reports claim that clashes […]
Morocco’s budget deficit stood at 50.5 billion dirhams at the end of July 2026, down from 54.7 billion dirhams a year earlier, as revenue growth of 28.2 billion dirhams outpaced a 23.9 billion dirham rise in spending. The figures come from the latest bulletin on the Treasury’s charges and resources situation, produced by the Ministry […]
As many African countries are struggling to service their debts, a new World Bank report warns that interest payments on long-term debt in sub-Saharan Africa surged nearly seven-fold to $26 billion between 2010 and 2023. The sharp increase came as the region’s foreign borrowing doubled to $864 billion within the same period. Africa’s worsening debt […]
