Many, if not most, African economies have endured a torrid time over recent years, as their finances have been hard hit by two global crises – Covid-19 and the Russia-Ukraine war. As a result, numerous states across Africa have turned to the International Monetary Fund (IMF) for assistance. Ghana is expecting to receive $3 billion […]
Morocco’s Ambassador to the United Nations in New York visited Bangassou, in the southeast of the Central African Republic, where he was received by Colonel Mounir Ou-Bakha, Commander of the contingent of the Royal Armed Forces deployed in this area within the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA). The […]
Algeria’s main source of revenue, oil and gas company Sonatrach, has seen troubles piling up as it struggles to juggle with historically low oil prices. The company, which accounts for more than 90% of Algeria’s exports, was dealt another blow with the cancelation of a supply contract with Spain’s Naturgy. Sonatrach will be obliged to […]
