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Morocco’s industrial output nears $100 bln – minister

Morocco’s industrial sector has expanded to nearly 900 billion dirhams ($98 bln) in national production, including around 400 billion dirhams in exports, marking a decisive step in the country’s shift toward an industrial policy centered on economic sovereignty, Moroccan industry and trade minister Ryad Mezzour said. The figures were presented by Ryad Mezzour during a parliamentary session, […]

African regional blocs expand mediation team for Congo conflict resolution

The East African Community (EAC) and Southern African Development Community (SADC) have substantially restructured their joint mediation initiative for the Democratic Republic of Congo conflict, expanding the panel of negotiators and enhancing its regional representation. Following Monday’s virtual summit, the two influential regional organizations increased the mediation team from three to five members, appointing additional […]

Central Bank of Libya holds first unified board meeting since 2014

The Central Bank of Libya, CBL, held Monday for the first time a full board meeting since 2014 after which the bank was split into two. The bank, Libya Observer reports, held a full-quorum meeting for the first time in six years to discuss fixing exchange rates of the Libyan dinar to foreign currencies. The […]