MENA’s economic outlook fraught with uncertainty amidst conflict, indebtedness — WB report

Lackluster growth, rising indebtedness and heightened uncertainty due to the conflict in the Middle East are impacting economies across the Middle East and North Africa (MENA) region, says a new report by the World Bank. According to the World Bank’s MENA Economic Update, the regional economies are expected to return to low growth akin to […]

Africa-CARICOM Summit: Royal Atlantic Initiative embodies active, united South-South cooperation

The Royal Atlantic Initiative, a concrete example of effective South-South cooperation between Africa and the Caribbean, was highlighted during the 2nd Africa-CARICOM (Caribbean Community) Summit. Speaking at the Summit, held in Addis Ababa this Sunday sept.7, Morocco’s Ambassador and Permanent Representative to the African Union and the UN Economic Commission for Africa, Mohammed Arrouchi, emphasized […]

Tunisia: 5year development plan to overcome economic and social challenges by 2016

Tunisia is preparing a five year development program that is expected to begin next year and the Minister of Development, Investment and International Co-operation Yassine Brahim said the plan will include strategic orientations and national priorities. The plan seeks the revival of Tunisian economy and also focuses on the social challenges after the end of the […]