A transformative moment in Namibian politics unfolded as Vice President Netumbo Nandi-Ndaitwah secured the presidency with 57 percent of the vote, becoming the nation’s first female leader. The ruling SWAPO party maintained its parliamentary majority, though by the narrowest margin in its 34-year governance, securing 51 seats in a close contest that reflects shifting political […]
The fall of Thomas Cook will cause a drop of 100,000 tourists pushing Morocco’s tourism promotion office to seek alternatives in France through opening new air routes operated by low-cost airlines. Fourteen additional routes were opened linking Moroccan and French cities. British low-cost airline EasyJet will operate two flights a week from Nantes to Agadir […]
Earlier this May, Fitch downgraded Egypt’s sovereign rating to “B” with a negative outlook. Three of the four banks, whose ratings it downgraded, are public banks exposed to the state. Rating agency Fitch downgraded on May 17 the credit ratings of four major Egyptian banks, namely The National Bank of Egypt (NBE), Banque Misr, Banque […]
