King mohammed_vi

Egypt to acquire US 12 CH-47F Chinooks to revamp helicopters fleet

US plane maker Boeing will manufacture 12 CH-47F Chinooks for Egypt as the Arab country moves to modernize its military helicopter fleet. The US Army has awarded Boeing a $426 million contract for the aircraft. The contract comes more than seven months after the US State Department approved the foreign military sale on May 26 […]

Morocco: Loss-of-job indemnities exceed $200 million since 2020 amid reform delays

Morocco’s unemployment indemnities have surpassed 2 billion dirhams ($200 million) since 2020, reaching 2.085 billion dirhams through October 1, 2025, according to National Social Security Fund data. This escalating cost reflects both increasing number of beneficiaries and rising average payment amounts, highlighting growing employment precarity concerns. New beneficiaries declined slightly to 22,003 in 2021 before […]

Africa’s critical mineral boom: a double-edged sword of prosperity and instability

African countries are becoming key producers of critical minerals like cobalt and platinum, but the rush to extract these resources has also fueled instability, causing displacement and escalating armed conflicts across the continent. The International Monetary Fund (IMF) projected in its Regional Economic Outlook report published in April last year that critical minerals could boost […]