Morocco and China signed the implementation agreement of the Belt and Road Initiative providing for further Chinese investments in the Kingdom. In a ceremony chaired by foreign minister Nasser Bourita and Vice President of China’s committee for reform and development (NDRC) Ning Jizhe, the two countries vowed to add momentum to bilateral cooperation. The new […]
Algeria’s economic foundations are showing serious cracks, including an unsustainable fiscal system, rigid economic structure, dependence on oil and mounting external vulnerabilities, the IMF warned in a new report. The budget deficit expanded to 13.9% of GDP in 2024, one of the highest in the region, the IMF said, noting that this sharp deterioration stems […]
Mali’s ruling junta further seeks to tighten its grip over the West African nation, as it has imposed bans on the activities of political parties and media coverage of political life, and it may also be reportedly seeking to use Russia’s mercenary Wagner mercenaries to threaten a take-over of Barrick’s Loulo-Gounkoto gold mine. Repression in […]
