Sub-Saharan Africa’s economic activity is expected to slow significantly in 2022 and remain relatively modest in 2023 and looking ahead, the outlook remains highly uncertain, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook for Sub-Saharan Africa. A downturn in advanced economies and emerging markets, tighter financial conditions, and volatile commodity prices, […]
The International Monetary Fund (IMF) says it has secured more than $330m in debt relief for Somalia. The African nation has about $5 billion in external debt, accounting for about 100% of its GDP, which the Fund has declared to be unsustainable. The $330m brings the country a crucial step closer to receiving forgiveness for […]
Morocco is marking the 23rd birthday of Crown Prince Moulay El Hassan this Friday, May 8, with celebrations across the kingdom reflecting the deep and abiding attachment of Moroccans to the Throne and to King Mohammed VI as Commander of the Faithful. Born at the Royal Palace in Rabat on 8 May 2003, the Crown […]
