Countries dependent on commodities hit 20-year high; Sub Saharan Africa hardest-affected region

The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report, noting that commodity dependence affects developing countries almost exclusively. According to the State of Commodity Dependence Report 2019 released last week, dependence on commodities affects 85% of least developed countries, 81% of landlocked developing […]

COVID-19: Tunisia places orders with Russia for medical equipment

Tunisia has turned to Russia to buy medical equipment including respiratory ventilators and masks for public hospitals amid ongoing fight against novel covid-19 with overall infection toll now over 1,000. Russian state-run news agency Sputnik revealed the request as the North African country’s envoy to Moscow, Tarak ben Salem, confirmed that the equipment will help […]

Morocco’s Royal Atlantic Initiative showcased in Russia’s Sochi

Morocco’s foreign minister Nasser Bourita highlighted the Kingdom’s south-south cooperation approach in Africa as evidenced by the Atlantic Initiative, that was launched by King Mohammed VI to give access to the ocean and global trade to landlocked Sahel states. Bourita was speaking at a Russia-Africa partnership forum in Sochi hosted by the Russian government. Bourita […]