The eight member countries of the West African Economic and Monetary Union (WAEMU) are struggling to raise funds on the regional capital market, as investors demand higher interest rates amid tightening liquidity, financial market sources said. WAEMU IS an organization of eight, mainly French-speaking, states within the Economic Community of West African States (ECOWAS) which […]
Abdelbari al-Arusi, Libya’s oil minister has become desperate about the ongoing strikes in several eastern ports, which have reduced the country’s oil export to 30%. The minister has warned that if the situation continues, “Libya will plunge into darkness.” The oil rich country wants to surpass its pre-war production and exportations. However, frequent strikes have […]
Morocco’s plans to become a major global carmaker are progressively turning into a tangible reality. The sustained growth of its expanding automotive sector is “an inspiring success story”, draining more investments and manufacturers that enhance the country’s automotive eco-system. The soaring exports of Morocco-made cars attests to the transition of the Moroccan economy from traditional […]
