king mohammed vi & uae MbZ

Inflation: govts across Africa struggle to tame soaring prices, help poor people

Lingering effects of the Covid-19 pandemic and the Russia-Ukraine war pose huge challenges to the continent, a recent African Economic Outlook report by the African Development Bank (ADB) concluded. As the war in Ukraine and coronavirus pandemic continue to bite, pushing millions of Africans into extreme poverty, locals are hoping initiatives by the ADB and […]

Mauritania: Public debt estimated at nearly $4.4 billion

Mauritania’s public debt stood at 177.8 billion new ouguiyas (approximately $4.4 billion) as of mid-2024, according to the latest report from the Public Debt Directorate. This amount represents 40.3% of the country’s Gross Domestic Product (GDP) as of June 30, 2024, underscoring the scale of Mauritania’s fiscal obligations relative to its economic output. The report […]

Morocco seeking to purchase fleet of Airbus helicopters for military pilots’ training

The Airbus Company announced on Monday that Moroccan Royal Air Forces have ordered a fleet of helicopters (H135) for military training missions. The light twin-engine H135, a reference helicopter in the segment, will be used for training pilots to perform a wide array of demanding missions including utility and search and rescue, said the aircraft […]