Two elections with very different conduct: Liberia’s ‘peaceful’ vs. Madagascar’s ‘tense’

Votes are being tallied in two African states — Liberia and Madagascar — and while their final results are still forthcoming, what is clear is the starkly different assessment of their respective conducts — peaceful in the former but tense in the latter. Liberia’s incumbent, George Weah, a former soccer star whose administration had faced […]

Debt Dilemma: Sub-Saharan Africa Faces Costly Trade-Off in Funding Shift

Sub-Saharan African nations are facing mounting fiscal strain as they increasingly turn to domestic banks to fund government budgets, the International Monetary Fund (IMF) warned in its latest Regional Economic Outlook. With global capital markets still hesitant and aid flows uncertain, governments are borrowing more at home — paying higher rates and placing pressure on […]

Maroc Telecom pays $630 mln in damages to Inwi

Telecom operator, Maroc Telecom, has paid 6.3 billion dirhams ($630 mln) in damages to its competitor Inwi after it was indicted by a court for anti-competitive practices. The fine represents 17% of the firm’s turnover and exceeds the 6.1 billion dirhams it made in profit last year. Fingers are pointing to Maroc Telecom’s CEO Abdesslam […]