Credit rating agency Standard & Poor’s revised Morocco’s outlook to positive BB+/B thanks to social, economic, and budgetary reforms. With the new rating, Morocco edges closer to retrieve its investment grade, lost during the Covid-19 pandemic. “Morocco’s economy has proven resilient in the face of multiple shocks over the past five years, and maintained access […]
The Kenyan police Sunday said three of its officers were shot dead by bandits in Napeimoit, Turkana County, during a gun battle, Nation Africa reports. The victims include two General Service Unit (GSU) and a regular police officer. They came under attack in ambush by the gang, believed from a neighboring county, as they revisited […]
The IMF warned that the ongoing infighting in Sudan could undermine the wider region’s economy, citing the Central African Republic, Chad, Eritrea, Ethiopia, and South Sudan. These countries are already fragile as they receive waves of Sudanese refugees fleeing infighting and famine, the IMF’s deputy director for Africa, Catherine Pattillo, told AFP. A famine was […]
