Africa’s mounting debt burden — now standing at 64.3% of the continent’s GDP — is choking vital investments in health, education, and infrastructure, warns the United Nations Economic Commission for Africa (UNECA). Speaking at a recent Africa Regional Forum on Sustainable Development, UNECA executive secretary Claver Gatete painted a sobering picture: out of 144 Sustainable […]
Morocco is a “key strategic” partner of the European Union and plays a “major” role in migration management and the fight against smugglers, European Commissioner for Home Affairs, Ylva Johansson, said on Monday before the European Parliament in Strasbourg. Speaking during a plenary debate on the recent storming attempt of the metal fence in the […]
Saudi Arabia Tuesday announced it channeled $250 million to the Sudanese Central Bank, half of the $500 million promised with United Arab Emirates (UAE) in April to ease the financial crisis in the African country. The $250 million deposit is Saudi Arabia’s contribution. The same amount was pledged by the UAE in April. The two […]
