PJD leader-Abdelilah benkirane

President of Spanish Government Pedro Sanchez starts working & friendship visit to Morocco

President of the Spanish government, Pedro Sanchez, arrived in Morocco on Wednesday, as part of a working and friendship visit to the Kingdom. Sanchez is accompanied by Spanish Minister of Foreign Affairs, José Manuel Albares, during this visit, his first to the North African Kingdom since his government took office in January. The President of […]

Libya: London court rules against Libya, millions to be paid in compensation

Libya has received its first setback in its legal battle with financial and managerial institutions after the High Court of England and Wales ordered the Libya Africa Investment Portfolio (LAIP) to pay more than $15 million as damages to Catalyst Managerial Services (CMS) and the amount could surpass half a billion dollars. LAIP is a Malta-based […]

Currency depreciation triggers millionaires’ flights from Africa

Nearly 20,000 millionaires fled Africa in the past decade due to currency depreciations that eroded their wealth, according to Henley and Partners, a global citizenship and residence consultancy. The number of individuals with a wealth of $1 million in Africa dropped 8% to 135,200, while the number of billionaires was limited to 21 with a […]