Prince Moulay-Rachid

Is Morocco Becoming a New Migration Route to Fortress Europe?

In their quest to reach the European Eldorado, migrants are increasingly shunning the Libyan routes for security reasons in favor of the closer and less risky Moroccan-Spanish land and sea borders. Deaths in sea embarkations, almost impenetrable six-meter high fence and heavily patrolled land borders on the Moroccan and Spanish sides seem not dissuading thousands […]

Gabon’s Afrijet calls for more competition to bring down price of flight ticket

Afrijet, Gabon’s only airline providing domestic flights, has called for more competition and tax reforms as part of the efforts to slash down the price of flight tickets. “Dreaming of competition to be able to set prices is not according to this debate, but according to the reality of our costs! Like all economic actors, […]

South African luxury Tycoon dethrones Nigeria’s Dangote as Africa’s wealthiest

In a surprising shift atop Africa’s wealth pyramid, South African business magnate Johann Rupert has claimed the title of the continent’s richest person, surpassing long-time leader Aliko Dangote of Nigeria. This changing of the guard reflects the volatile nature of global markets and regional economies. Rupert, the 74-year-old mastermind behind the world’s largest luxury watchmaker, […]