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PJD Minister faces media backlash after failing to impose fuel price caps

Islamist PJD governance minister Lahcen Daoudi is subject to fierce criticism after he failed to uphold his promise of imposing caps on prices of fuel. The Minister had promised that profit margins of fuel companies will be controlled by mid-March but kept postponing the measure. Yet, this week the Minister bluntly admitted while speaking to […]

IMF intends to offer Morocco $5 bln credit line

The International Monetary Fund intends to approve Morocco’s request for a 5 billion-dollar Flexible Credit Line (FCL) during a meeting of its executive board meeting. “Considering Morocco’s very strong policy frameworks and track record, IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Morocco when the IMF Executive Board meets […]

South Sudan: Peace monitors urge AU to intensify engagement in political crisis

The Reconstituted Joint Monitoring and Evaluation Commission (RJMEC) has called on African Union (AU) leaders to step up direct engagement to defuse South Sudan’s deepening political crisis. Speaking in Juba Monday during a visit by a high-level AU Peace and Security Council (AUPSC) delegation, RJMEC Chief of Staff Ambassador Berhanu Kebede urged the AU and […]