Guinea: Alpha Condé plays same game as Alassane Ouattara for the presidential election

Despite a wave of protests, delegates of the ruling party in Guinea on Thursday pleaded for the outgoing president, Alpha Condé, to be their candidate in the presidential election. The choice could stir up new tensions in Guinea. The party of the Guinean president Alpha Condé asked him, Thursday, August 6, to be its candidate […]

Remittances from Moroccan expatriates resilient in 2020 but only 10% invested

Remittances from Moroccans living abroad rose 5% to stand at 68 billion dirhams (7.5 billion dollars) despite the pandemic, but finance minister said only 10% of these transfers were invested. Most of the investments of Moroccans abroad went to real estate, finance minister Mohamed Benchaaboun told Moroccan employers association (CGEM). A part from 15% that […]

Eastward Bound: Africa at Crossroads of New Global Economic Order

Economic leadership that was long concentrated in the West has decisively shifted towards emerging economies, whereby this historic global shift in trade and power is redefining Africa’s role in the world economy, says a new book ‘West to East: A New Global Economy in the Making’. Its author, economist Arno van Niekerk, described in a […]