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Morocco resorts to foreign debt to boost forex reserves
The Moroccan parliament has adopted a decree allowing the government to resort to unlimited foreign borrowing in order to ensure enough international reserves to fuel the economy. Morocco’s trade balance has been chronically suffering from a trade deficit that has deepened in the first quarter this year due to falling exports as a consequence of […]
Libya’s Haftar forces close border with Algeria
Forces loyal to Libya’s renegade General Khalifa Hafter closed the Essen border crossing with Algeria whose president threatened to send forces to Tripoli. Haftar’s military build-up near the Algerian borders was interpreted as a response to Algeria’s President Abdelmedjid Tebboune who told Al Jazeera recently that his country was ready to send troops to prevent […]
US relies on rail project to counter China’s growing control over African mines
The US is planning to counter China’s strategy regarding rare metals in Africa through investing in a rail project connecting copper and cobalt mines in central Africa to Lobito port in Angola. The new route, which could potentially extend to Zambia, offers an alternative route to export rare metals to the Chinese controlled outlets. It […]



