syria-bachhar-un

Tunisia’s economic outlook dims as President rejects IMF conditions

Cash-strapped Tunisia continues to face headwinds in its quest to obtain a lifeline $1.9 billion credit from the IMF whose conditions are now openly rejected by authoritarian president Kais Saied. Saied was outspoken in rejecting the IMF conditions for Tunisia to cut subsidies in order to improve public finances. Saied’s statement adds to the fierce […]

Automotive Industry: Japanese Sumitomo strengthens its presence in Morocco; targets 16,000 new jobs by 2028

The Japanese Sumitomo corporation intends to expand its operations in Morocco with the launch of nine new industrial units for the manufacturing of wiring and components in different regions of the Kingdom for a total investment of 1.96 billion dirhams. The framework agreement between Morocco and Sumitomo corporation for the development of these industrial projects […]

Six African leaders launch peace mission to Moscow and Kyiv to end ‘devastating’ war

Six African leaders plan to spearhead and facilitate what they hope could be the beginning of peace talks between Moscow and Kyiv more than one year after Russia’s invasion of Ukraine. South African President Cyril Ramaphosa announced on Tuesday (16 May) that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy had agreed to meet […]