Piracy off west africa

Morocco makes a step forward towards launching its own military industry

A law governing the setting up of a military industry in Morocco has entered into force after it was published in the official gazette as the Kingdom plans to cut imports by locally manufacturing defense equipment. The law lays down requirements for licenses for the setting up of plants to manufacture weapons, ammunition, and military […]

Remittance costs in Sub-Saharan Africa remain high despite fintech’s effort to slash fees

Sub-Saharan Africa remains the world’s most expensive region when it comes to transferring remittances, with an average cost of transferring money of 8.37% in the second quarter of 2024, according to the World Bank’s most recent report. This cost remains significantly above the global average, despite the increasing importance of remittances in the region’s economies. […]

Egypt: Court ruling followed by nationwide protests

As some Egyptians rejoiced over Cairo criminal court’s Saturday ruling that dropped the case against ex-president Mubarak, others took to the streets to protest against the ruling that they consider has robbed them off the rights they have fought for. The judge said “to rule for or against him after he has become old will […]