Morocco Maldives FMS

U.S. deportation to Africa alarms rights advocates and African leaders

A recent U.S. deportation of five convicted foreign nationals to the African kingdom of Eswatini has ignited outrage among human rights groups and African leaders. The individuals — originally from Vietnam, Jamaica, Cuba, Yemen, and Laos — were expelled after their home countries refused to accept them. All five have serious criminal convictions, including murder […]

Egypt’s central bank gets around $5.2bn from local banks to address growing economic pressures

The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]

WB Urges Morocco to Adopt New Growth Model

The World Bank urged Morocco to adopt a new growth model oriented towards boosting exports and strengthening the private sector. “Morocco’s growth model shows signs of weaknesses as it is confronted with a series of sustainability issues that risk, with varying degrees of intensity, impeding further progress,” the World Bank said in its April economic […]