egyptian billionaire Naguib Sawiris

Morocco cuts budget deficit to 6% of GDP in 2021

Thanks to an economic recovery and better tax revenue, the Moroccan government reduced its fiscal deficit to 6% of GDP in 2021 from 7% a year earlier, the finance ministry said. The deficit stood at 70.9 billion dirhams, down from 82.3 billion dirhams in 2020, a year in which Morocco imposed a three-month long lockdown […]

Kenya pledges to achieve over 10pc forest cover by 2022

Kenyan President Uhuru Kenyatta on Thursday pledged to achieve at least 10 per cent forest cover in the next three years. Speaking at the opening ceremony of the third annual One Planet Summit, President Uhuru Kenyatta indicated that his government has identified the forestry sector as a key investment to hitting its development targets. “Our […]

Drone Strikes on Darfur Markets Kill 21 Civilians as Fighting Escalates Near Chad Border

At least 21 civilians have been killed and dozens injured in drone strikes targeting markets in the North Darfur towns of Al-Tina and Kornoi, amid escalating clashes between the Sudanese military and the Rapid Support Forces (RSF). According to local sources, an RSF drone struck a market in Kornoi on Monday, May 25, killing at […]