Youssef Chahid

Niger/ECOWAS: Washington’s tough words for Algerian regime

The U.S. administration has underscored its strong support for the principled stand taken by ECOWAS in defense of democracy and constitutional order in Niger. Washington voiced its firm stand in a telephone conversation U.S. Assistant Secretary for African Affairs Molly Phee had Thursday with Algerian Foreign Minister Attaf as the ruling junta started maneuvering against […]

Rabat calls on EU to support Mohammed VI Fund for Investment

Morocco has called on the European Union to support the Mohammed VI Fund for Investment, set up to help bolster the economy, stimulate productive activities and prop up major public-private investment projects in various sectors in the post-covid era.   The call was made by economy minister Mohamed Benchaaboun during a meeting held Tuesday with […]

East Africa bracing for fresh wave of interest rate hikes fueled by Red Sea crisis

East African central banks are being forced to hike interest rates to contain renewed inflationary pressures emanating from surging shipping and insurance costs due to the disrupted crucial trade routes between Europe, the Middle East, and Asia in the Red Sea. The ongoing Red Sea crisis, involving attacks by the Iran-supported Houthi group based in […]