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Fitch downgrades Kenya after protests
Fitch Ratings has lowered Kenya’s credit rating from “B” to “B-”, pointing to increased risks to the nation’s finances after the government retracted planned tax measures due to public protests. The Kenyan government, yielding to demonstrators, scrapped a tax proposal intended to generate an additional $2.7 billion in revenue, a move initially advised by the […]
Shaky Gabon’s Bongo opens regional summit
Fourteen months after suffering a stroke, Gabonese President Ali Bongo Ondimba has opened the central African regional bloc’s extraordinary summit in Libreville. Bongo, 60, is the current chair of the 11-nation Economic Community of Central African States (ECCAS), a 36-year-old organization meant to forge a common market among its member states. Bongo spoke without notable […]
Morocco to plant Argan trees on 50,000 ha by 2030
As the world is celebrating this May 10 first- ever International Argan Tree Day, Morocco announced plans to speed up the process of planting argan trees to meet a growing international demand for argan oil and byproducts due to their health benefits. So, 50,000 hectares will be planted with argan trees by 2030 in the […]



