BECIJ

Poverty: World Bank to boost lending to Africa

The World Bank’s new president, David Malpass, announced over the week plans to boost lending to African countries to help fight poverty. Malpass made the statement after touring Madagascar, Ethiopia and Mozambique on April 29-May 3. He met with these countries’ leaders and stakeholders and visited World Bank-funded projects. Africa is working at reducing poverty […]

Nigeria, South Africa ‘gray-listed’ by global anti-money laundering watchdog

The inclusion of Nigeria and South Africa, the continent’s leading economies, on a ‘gray list’ by the Financial Action Task Force (FATF) could present far-reaching setbacks to the two countries’ economic growth. The warning by the Paris-based FATF, a global anti-money laundering and terrorism financing watchdog, comes in the midst of a difficult financial phase […]

Polisario’s Anxiety Growing with Morocco’s Return to AU & Arrival of New UNSG

The polisario separatists can no longer conceal their bitter disappointment and growing anxiety following Morocco’s return to the African Union, even if they tried to keep up their composure, saying it is “victory” for them. However, in reality, they know that Moroccan diplomacy has won and scored big points thanks to the Kingdom’s African strategy, […]