lebanon-nusra

Nigeria: deepening currency crisis, soaring inflation are threats to country’s economy

Currency crisis in Nigeria deepens as its currency, the Naira, has dropped to ₦1,040 per dollar, which comes as a national industrial association has warned that soaring inflation is a threat to the country’s economy. In the parallel market, Nigeria’s currency has dropped to N1,040 per US dollar as supply surpassed demand, which was due […]

Africa rises as India’s manufacturing lifeline amid U.S. tariff shock

Africa is emerging as a key manufacturing hub for Indian companies, as record-high U.S. tariffs — now up to 50% — threaten India’s export competitiveness, particularly in textiles, pharmaceuticals, and gems. The penalties, imposed largely in response to India’s continued oil trade with Russia, have forced Indian firms to pivot strategically toward Africa to maintain […]

Morocco king reiterates support for Palestinians’ right to statehood

King Mohammed VI reaffirmed Morocco’s steady position in support of the legitimate rights of the Palestinian people to an independent state with east Jerusalem as its capital. “I avail myself of this opportunity to reiterate my country’s clear and firm position regarding the justness of the Palestinian cause and the legitimate rights of the Palestinian […]