Zambia mining

Morocco: 169 Sub-Saharan immigrants rescued in Mediterranean; human trafficker arrested in Asilah

Royal Navy coastguard, operating in the Mediterranean, on Sunday night, assisted several makeshift inflatable boats that encountered difficulties, said a military source. The boats were carrying 169 sub-Saharan nationals who were attempting to cross to Europe. The immigrants were brought safe and sound to Moroccan Mediterranean ports, the military source added. Also on Sunday evening, […]

Africa has potential to become new global supply chain player — UNCTAD report

With its abundant resources and growing consumer market, Africa can become a prominent manufacturing destination for tech-intensive industries and a key link in global supply chains, according to the Economic Development in Africa Report 2023 that has just been launched (16 August) by the United Nations Conference on Trade and Development (UNCTAD). African economies can […]

Morocco to treat IMF credit line as precautionary

Morocco will continue to consider the IMF flexible credit line of $5 billion as precautionary and would only draw on it in case of external shocks like the Covid-19 pandemic, Morocco’s finance ministry said. The credit line is only granted to countries with sound macroeconomic and financial fundamentals and would add to Morocco’s credibility in […]