Saudi Arabia conditions credit line to Tunisia on IMF’s demands

Saudi Arabia is willing to provide Tunisia a financial facility to support the 2022 state budget but provided that the North African country meets the demands of the International Monetary Fund (IMF) for a restructuring plan, Business News reports. Malek Zahi, Tunisian Minister of Social Affairs, who was in the Gulf country last week for […]

Russia ‘gained upper hand’ in parts of Africa, as it holds talks on security with Bahrain, Uganda

Bahrain’s King has urged Moscow to play a role in peacekeeping in the Middle East, while also Uganda and the Comoros have have recently held discussions with Russia on security issues affecting Africa and the possibility of resolving conflicts in the region, reflecting Russia’s expanding influence on the continent. During a recent official two-day visit […]

Morocco, Spain trade breaks new records in 2024

In 2024, Morocco became Spain’s second supplier outside the EU, with an increasing volume to 13 billion euros. Moroccan goods made up 2.3% of total Spanish imports, as the kingdom strengthened its position as Spain’s main African trade partner. This positioned Morocco as Spain’s main African supplier with 28% of all goods purchased from the […]