Algeria Hirak

EBRD Provides $20 Mln Trade Finance Line to Bank of Africa-Benin

The European Bank for Reconstruction and Development has provided Bank of Africa-Benin (BOA-BENIN) $20 million trade finance line to boost import-export operations and support the development of Benin’s private sector. The facility will enable the EBRD to issue guarantees to international banks and provide short-term financing to support imports, exports and the local distribution of […]

Morocco reports robust 5.5% economic growth in second quarter 2025

Morocco’s economy achieved 5.5% growth during the second quarter of 2025 compared to 3% in the corresponding 2024 period, driven by secondary sector expansion and domestic demand within controlled inflation contexts. The High Commission for Planning’s national accounts data highlights significant acceleration across multiple economic sectors. Non-agricultural activities recorded 5.5% volume growth while agricultural sector […]

Ecuador closes Polisario’s representation, asks separatists to leave the country

The Republic of Ecuador has officially begun the process of revoking its recognition of the so called “Sahrawi Arab Democratic Republic” (SADR), self-proclaimed by the separatist Polisario group that it had previously recognized in 1983 and allowed to establish a so-called “embassy” in the country in 2009. The decision to end diplomatic relations with the […]