Université International Casablanca

Africa pays high price for misjudged risk — $75bn lost annually

Misjudged risk assessments and persistent financial bias are costing African countries a staggering $75 billion annually in inflated borrowing costs and lost revenues, according to the Africa Finance Corporation (AFC). AFC President Samaila Zubairu described the misperception as a “prejudice premium,” arguing that Africa’s default rates are “really, really exaggerated.” Research by Moody’s Ratings supports […]

Libya: US ambassador to Libya nominated but will wait

Former Assistant Chief of Mission for Assistance Transition and Coordinator for Minority Issues at the US embassy in Iraq and current US ambassador to Nepal, Peter Bodde, has been appointed new US ambassador to Libya in replacement of the outgoing ambassador Deborah K. Jones. The White House confirmed Peter Bodde as the new US ambassador […]

Climate Change: Morocco will defend African island countries at COP-27

Morocco has pledged to defend the African Islands at the UN Climate Change Conference (COP27) due in Sharm Sheikh, Egypt, from 6 to 18 November 2022. The announcement was made Tuesday by Moroccan foreign minister Nasser Bourita in a speech made via videoconference during a ministerial meeting of the Peace and Security Council of the […]