Lisbon talks with Horst Kohler

West’s waning influence in Africa laid bare as France announces withdrawal from Niger

France’s decision to withdraw its ambassador and military forces from Niger, the West’s last key ally in the central Sahel region, amid a wave anti-French sentiment, are yet another blow to Paris’s influence in its former African colonies, laying bare Europe’s weakening influence in the continent, analysts and diplomats say. President Emmanuel Macron’s announcement on […]

Morocco-Japan Ink Three Cooperation Agreements

Morocco and Japan have signed three agreements during the 5th session of their joint commission, held this Wednesday, Jan.8,in Rabat. The agreements include a convention on non-double taxation; an agreement on the protection and promotion of investments; and an agreement in the form of an Exchange of Notes under which Japan will donate a batch […]

Forex: falling euro drags CFA franc down, importing inflation and deepening debt

With the euro having recently declined to less than one US dollar, this development has a direct impact on the CFA franc, which has a fixed exchange rate parity value with the single European currency. The euro’s continued to slide toward the US dollar since 5 July has resulted in a 20-year low, according to […]