UN General Assembly

Gabon restructures portion of debt to finance ocean protection

Gabon has converted $163 million, a third of its debt, into funds to protect its oceans, US-based NGO The Nature Conservancy (TNC) and the Government of the central African country said Tuesday August 15. The swap operation marks “the start of a 15-year conservation project… to help Gabon finance ocean protection and management for 30 […]

UN Records Fresh Displacement Surge in Sudan’s Kordofan Amid Escalating Insecurity

The United Nations has reported that 50,445 people fled Sudan’s Kordofan region between Oct. 25 and Dec. 17, as deteriorating security conditions triggered repeated waves of displacement. According to the International Organization for Migration (IOM), 39 displacement-triggering incidents were documented in the region from Oct. 25. Of those affected, approximately 40,350 people were displaced from […]

IMF sees Morocco’s economic growth at 3.1% in 2024, 3.3% in 2025

The IMF said Morocco’s economic growth would pick up slightly to 3.1% this year and 3.3% next year, forecasting a return of inflation to pre-pandemic levels. Inflation would stand at 2.2% this year and 2.5% next year, in line with central bank forecasts, the IMF said in its April global economic outlook. Algeria’s growth would […]