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Burkina Faso: Former Prime Minister Kabore wins outright victory

The leader of the People’s Movement for Progress (MPP) and former Premier under deposed Blaise Campaore, Roch Marc Christian Kabore, was announced winner of the first free and fair presidential elections after decades of dictatorship and a troubled transitional period. Provisional results published by the national electoral commission give 53.49 % of the votes to […]

Tunisia to tap Sukuk market

Tunisia will be introducing its financial transactions to Sukuk for the first time next year alongside Egypt according to CIMB Group Holdings and OCBC Al-Amin Bank with the global sukuk sales tipped to surpass 2012 record of $46 billion in 2013. Sukuk has been attracting countries after the global economic crises took centre stage. Countries […]

Five Moroccan regions dominate 74% of national consumer spending

Morocco’s household consumption patterns reveal stark regional disparities, with five regions accounting for 74 percent of the nation’s total consumer spending in 2023, according to data released Tuesday by the High Commission for Planning (HCP). The concentration underscores persistent economic imbalances despite ongoing development initiatives. Casablanca-Settat leads overwhelmingly with 25 percent of national household final […]