Authorities in eastern Libya have announced over the weekend that they have deported 700 Sudanese migrants back to their conflict-ridden homeland as part of a sweeping campaign against illegal migration and human trafficking. The deportees, some of whom were reported to have infectious diseases or criminal records, were sent by land to Sudan. This crackdown, […]
The long awaited launch of the flexible exchange rate system for the Dirham currency will start on January 15 after it was postponed for 5 months. The gradual Dirham float will start with an anchor of 2.5% in-stead of 0.3% currently, while fixing the Dirham exchange rate via a peg that is 60 percent weighted […]
Morocco won the presidency of the UN Economic Commission for Africa (ECA), in an event that highlights the Kingdom’s clout and leadership within the continent. The one-year-term presidency will feature the chairmanship by Morocco’s industrial minister Ryad Mezzour of the Confederation of African Ministers for Finance, Planning, and Economic Development. Algeria, as was expected, attempted […]
