Gabon restructures portion of debt to finance ocean protection

Gabon has converted $163 million, a third of its debt, into funds to protect its oceans, US-based NGO The Nature Conservancy (TNC) and the Government of the central African country said Tuesday August 15. The swap operation marks “the start of a 15-year conservation project… to help Gabon finance ocean protection and management for 30 […]

Global fertilizer crisis highlights Morocco’s central role in world’s food security

Escalating geopolitical tensions in the Middle East have severely disrupted global fertiliser markets, triggering supply shortages and rising prices that threaten agricultural production and food security, particularly in emerging economies. In this context, Morocco, a global fertilizer market mover, has been approached to plug in the deficit. Concentration of key fertilizer ingredients in the Gulf […]

UNCTAD: Illicit financial flows costs Morocco, Africa billions of dollars

A United Nations report, issued this week, said that illicit financial flows out of Morocco amounted to about 16.6 billion dollars during the years 2013-2014.   This came in a report by the United Nations Conference on Trade and Development (UNCTAD), which revealed that the African continent loses about 88.6 billion dollars annually due to […]