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Bank Al-Maghrib Puts a Number on the Public Sector’s Crowding-Out of Private Credit
Morocco’s central bank has, for the first time, quantified the banking channel through which public financing crowds out credit to private companies. In its 2025 annual report, based on data spanning 2001 to 2025, Bank Al-Maghrib estimates that a one-point-of-GDP increase in public assets held by banks is associated, over the long term, with a […]
Kenya committed to balanced foreign policy amid US-China rivalry — president Ruto
Kenya’s president has reaffirmed his country’s commitment to a balanced foreign policy as the global power rivalry between the United States and China heats up and African nations are “bullied into taking sides.” “We’re neither facing East nor facing West; we’re facing forward,” Kenya’s President William Ruto said during an interview with Al Jazeera, to […]
Tunisia Joins Common Market for Eastern & Southern Africa
Tunisia has officially been admitted as the 20th member of the Common Market for Eastern and Southern Africa (COMESA). Tunisia applied for the membership of the grouping in 2016 after being an observer member since 2005. According to the Tunisian foreign ministry, this membership will give Tunisian exports access to the markets of 21 countries […]



