Moroccan police

Morocco to Receive $20 Million US Foreign Military Financing in 2026

Morocco, Washington’s longstanding ally and strategic partner, will receive $20 million in Foreign Military Financing (FMF) in 2026, according to a Bill passed lately by the U.S. House of Representatives. The American FMF program provides financial support to friendly foreign governments to fund the purchase of American weapons, defense equipment, services and training. The goal is […]

IMF: Algerian Economy Continues to Face Major Socioeconomic Challenges

The International Monetary Fund has issued a new assessment of the Algerian economy, which failed to diversify due to endemic corruption and deepening political crisis, fueling growing popular discontent and uproar. “Algeria continues to face important challenges posed by the fall in oil prices four years ago”, said IMF team after concluding a recent visit […]

After Somalia, South African Islamic State-linked firms also targeted by US sanctions

The United States on Monday (7 November) imposed its second round of sanctions in less than a week on people and firms, this time targeting South African entities, who it says have provided financial or material support to the Islamic State (IS) group. Following the financial penalties against a Somali IS weapons trafficking cell imposed […]