Fragile hope: DRC and M23 rebels announce surprise ceasefire

In a surprising breakthrough, the Democratic Republic of Congo (DRC) and the M23 rebel group have agreed to an “immediate” ceasefire, pledging to suspend hostilities while peace talks continue in Qatar. The joint announcement, issued late Wednesday (23 April), marks the first formal commitment to peace after multiple failed ceasefires since 2021. The truce follows […]

Algeria: $58 billion of Foreign Exchange Reserves Lost in 2 Years

Collapse of oil revenues and sharp increase in importations have caused a huge dent in Algeria’s foreign reserves with figures pointing at $58 billion loss since 2014; year of exceptional growth, the country’s Prime Minister said on Sunday. Prime Minister Abdelmalek Sellal at a tripartite meeting including government, worker’s syndicate and employers, indicated that Algeria […]

Morocco’s auto market posts historic 33% growth in 2025

The Moroccan automobile market recorded a landmark year in 2025, posting a historic 33% surge in sales driven by renewed consumer demand, the rapid rise of hybrid and electric vehicles, and an unprecedented influx of Chinese carmakers. Total sales reached 235,372 units by the end of December, compared with 176,401 in 2024, according to data […]