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DRC hopes to leverage SADC regional forces to push back M23 rebels

The government of the Democratic Republic of Congo (DRC) is reportedly hoping soldiers from the 10-nation Southern African Development Community (SADC) will help it regain ground from the M23 militia in the lawless east. Troops from the regional bloc SADC, including from South Africa, Tanzania and Malawi, have been discreetly arriving in DRC since the […]

Morocco’s Central Bank forecasts 6.3% drop in Country’s GDP in 2020 & 4.7 % growth in 2021

Morocco’s Gross Domestic Product (GDP) is expected to fall by 6.3 pc this year before recovering quickly and rebounding by 4.7 pc in 2021, said on Tuesday Bank Al Maghrib in a press release issued following its third quarterly meeting. According to the experts of the Kingdom’s central Bank, the Moroccan economy has been affected […]

African start-ups break record with securing $1.2bn funding in 2024 — report

African start-ups recorded an impressive fundraising performance in July 2024, raising $420 million, the highest monthly figure since the tracking began in 2019, according to a recent report by Africa: The Big Deal. This sum also represents 2.5 times the average monthly amount raised over the past one year, signaling a strong rebound in investment […]