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Global Data: Morocco’s economy fastest growing in Africa in 2021

Morocco tops the list of the five fastest-growing economies in Africa in 2021, Global Data, an international consulting and data analysis firm, said Monday in its latest report.   Global Data expects the Kingdom to record a 5.19% growth rate, i.e. the highest rate on the continent in 2021.   With this predicted GDP growth […]

Qatar’s Nebras Power acquires 60% of Tunisian Energy Company

Nebras Power has announced it acquired 60 per cent of stakes in Tunisia’s Carthage Energy Company making the deal the first expansion of the company into North Africa. The Dutch affiliate of the Doha-based company, Nebras Power Investment Management, completed the acquisition this week as the company makes its first foray into North Africa. The […]

State-supported clan uprising bolsters offensive against al Shabab in central Somalia

Somali tribal militia backed by the Somali government have pushed al-Shabab terrorists out of large parts of the country’s central area in the latest gains in a large-scale offensive, the country’s state media said on Monday. The offensive was launched in the Hiran region a few weeks ago against the militants, liberating several key townships […]