Fathi Bashagha

Experts urge African nations to shift to local currencies for trade and transactions

Experts at a recent 57th Conference of African Ministers of Finance emphasized the need for African governments to prioritize local currencies for trade and transactions. Hanan Morsy, chief economist of the UN Economic Commission for Africa, highlighted that reducing reliance on the U.S. dollar would protect Africa’s economies from external financial shocks. Africa’s use of […]

Morocco Vehemently Condemns Jeunes Afrique Magazine’s Defamatory Cover

Morocco has vehemently denounced as “reprehensible” the cover published by Jeune Afrique magazine in its latest issue associating between Morocco and terrorism. By putting photos of the terrorists involved in the Catalonia attack with the big title: “Terrorism born in Morocco”, the magazine chose to ride on the anti-Moroccan tide that has been launched by […]

Foresight Africa: Brookings report outlines top priorities for the continent in 2023

With numerous external and internal headwinds, it is easy to be pessimistic about Africa’s prospects, yet, time and time again Africa has proved resilient and hence also in 2023 many African countries will continue to fare well, despite the odds, says an annual report launched by Brookings Institute launched on Monday (30 January). Since the […]