libya-oil

Morocco’s Central Bank forecasts 6.3% drop in Country’s GDP in 2020 & 4.7 % growth in 2021

Morocco’s Gross Domestic Product (GDP) is expected to fall by 6.3 pc this year before recovering quickly and rebounding by 4.7 pc in 2021, said on Tuesday Bank Al Maghrib in a press release issued following its third quarterly meeting. According to the experts of the Kingdom’s central Bank, the Moroccan economy has been affected […]

Gradual Dirham Float will not Lead to Devaluation- Central Bank

The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]

From job offers to war zones: how Russia is recruiting and sacrificing young Africans in Ukraine

Russia’s war in Ukraine has taken on a disturbing new dimension, as media reports confirm that hundreds of young African men are being lured, coerced, or tricked into fighting on the front lines for the Kremlin. Marketed with promises of stable employment, education, or fast-track Russian citizenship, many are instead funneled into combat roles with […]