Morocco aeronautics-pilatus-sebca sign deal – casablanca

Libya’s Central Bank devalues Dinar by 13.3% amid ongoing political divisions

The Central Bank of Libya (CBL) has announced a significant 13.3% devaluation of the Libyan dinar, adjusting the exchange rate to 5.5677 dinars per US dollar, effective from April 6, 2025. This decision marks a shift from the previous rate of 0.1555 to 0.1349 Special Drawing Rights (SDRs) per dinar. The move comes as part […]

Morocco King Calls on Ombudsman Institution to Uphold Rule of Law

King Mohammed VI has urged the Moroccan Ombudsman institution to continue its contribution to upholding the principles of the rule of law, transparency and good governance in the management of public services. The Sovereign, who appointed on Thursday Mohamed Benalilou as Ombudsman, also called the Mediator institution to continue making recommendations aimed at “guaranteeing the […]

Angola’s debts to China, a record of over $40 billion

The UK’s international institute Chatham House revealed that Angola is the African country that has borrowed the most from China in the last 20 years, to the tune of over $40 billion. Experts in Luanda differ on the relevance or threats of these loans. While some consider that this practice is bad for the country […]