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Morocco’s economic growth to drop to 0.7% due to drought, war in Ukraine

Morocco’s central bank revised downwards this year’s growth forecast to 0.7% amid rising inflationary pressures due to fallout of the war in Ukraine and as Morocco faces an unprecedented growth. The Bank said Morocco’s cereals harvest will drop to 25 million quintals from 103 million quintals last year, amid a 57% rainfall deficit which meant […]

Egypt, Nigeria, South Africa slowing down Africa’s growth, says World Bank

A new report by World Bank has highlighted the underperformance of Egypt, Nigeria, South Africa and other African big economies, saying they are slowing down the continent’s economic growth. In its Africa Pulse report, the Washington-based bank expresses its concern that Sub-Saharan Africa could be facing a “lost decade” of slow economic growth and high […]

Egypt: Death of Lawyer in Custody Reignites Concern over Human Rights

The death of Egyptian lawyer Karim Hamdy, 27, in police detention has triggered major human rights watchdogs’ concerns about the rule of law in the most populous Arab country. According to local media, medical officials who examined Hamdy’s body reported signs of torture, including ten broken ribs and bleeding in the brain. The victim died […]