Zgounder silver mine in Morocco

Turkey gains strong foothold in Africa’s arms market

Turkey has cemented its position as one of the world’s major defense markets, with a growing footprint across Africa. In 2024, the country exported more than 300 defense products to around 180 nations, generating $7.2 billion in revenue, a sharp rise from $1.64 billion in 2014. This surge underscores Turkey’s transformation into a global defense […]

MENA region: IMF forecasts growth to reach 2.2% in 2024 & 4% in 2025

Growth in the Middle East and North Africa region (MENA) is projected to increase from 1.8% in 2023 to 2,2% in 2024 and 4% in 2025, the International Monetary Fund (IMF) said Tuesday. This is a downward revision from the April projections, the IMF pointed out in its World Economic Outlook (WEO) report. In April, […]

It’s Quasi Official: Bouteflika Candidate to his Own Succession in 2019

Algeria’s ailing President Abdul Aziz Bouteflika, in power since 1999, will be candidate to his own succession in 2019. The no-news was announced Sunday by the head of Bouteflika’s ruling National Liberation Front Djamel Ould Abbes. Outgoing President Bouteflika will be the party’s candidate at the presidential elections set for April 2019, the FLN Secretary […]