israel – FM Yair lapid

Somali forces end deadly al-Shabab hotel siege; UN warns of full-blown famine

An attack claimed by the al-Shabab armed group on a popular hotel in the centre of the Somali port city of Kismayo killed nine civilians on Sunday, October 23, as the World Food Program (WFP) warned it is only a matter of time before the conflict-torn Somalia is hit with a full-blown famine and people […]

IMF urges Libya to agree on unified budget for 2025

The International Monetary Fund has urged Libyan authorities to prioritize spending through an approved and unified 2025 budget to prevent pro-cyclical expenditure and enhance resource management. The IMF announced on December 10 that Libya’s recovery in oil production has led to an upward revision of the country’s GDP growth forecast for 2025. In its report […]

Phosphates: Morocco’s OCP group reports $ 1.7 billion earning in 1st Quarter 2023

Morocco’s state-owned phosphate company OCP has reported $1.78 billion in first quarter of 2023 against $2.6 billion earned in the same period last year. Yet, this year’s results show the resilience of the global leader in the fertilizer industry in challenging market conditions, says the company in a press release. Global fertilizer prices continued to […]