Finance ministry

Portugal reiterates full support for Morocco’s Autonomy Initiative as most serious, credible & constructive basis to settle Sahara dispute

Portugal’s Social Democratic Party (PSD), the leading party in the nation’s governing coalition, has reaffirmed its unwavering support for Morocco’s autonomy plan for Sahara. During a parliamentary session on Friday, PSD described the plan as “the most serious, credible, and constructive basis” to resolve the decades-long territorial dispute. The party emphasized that Portugal’s position leaves […]

Currency depreciation triggers millionaires’ flights from Africa

Nearly 20,000 millionaires fled Africa in the past decade due to currency depreciations that eroded their wealth, according to Henley and Partners, a global citizenship and residence consultancy. The number of individuals with a wealth of $1 million in Africa dropped 8% to 135,200, while the number of billionaires was limited to 21 with a […]

Optimism in Morocco, nightmare in Algeria following Trump’s victory

Trump’s victory has been met with mixed reactions in North Africa, wherein Moroccans see it as a chance to push forward with the commitments made by Washington in 2020 regarding the Sahara issue, while the Algerian regime braces for more diplomatic blows. Morocco In 2020, Morocco resumed diplomatic ties with Israel and Washington recognized Morocco’s […]