economic activity

Senegal’s navy seizes record 3 tons of cocaine haul off coast

Senegal’s navy has intercepted over three tons of cocaine from a ship moored off the coast in what is one of the country’s biggest drug hauls, as traffickers often exploit West African nations as transit points to transport cocaine from South America to Europe. “The patrol boat FOULADOU seized nearly 3 tons of pure cocaine […]

AU Specialized Technical Committee Meets in Morocco

The Specialized Technical Committee (STC) of the African Union will hold a meeting next Tuesday in Rabat to discuss issues related to Public service, local authorities, urban development and decentralization. Participants will also review the committee’s 2019-2020 action programs and the implementation of the decisions adopted by the STC during its gathering held last December […]

IMF urges Libya to agree on unified budget for 2025

The International Monetary Fund has urged Libyan authorities to prioritize spending through an approved and unified 2025 budget to prevent pro-cyclical expenditure and enhance resource management. The IMF announced on December 10 that Libya’s recovery in oil production has led to an upward revision of the country’s GDP growth forecast for 2025. In its report […]