By explicitly endorsing Morocco’s autonomy plan as the most feasible solution, the UN Security Council resolution 2797 places mounting pressure on the African Union (AU) to harmonize its position with the UN-led process. Resolution 2797 extends the mandate of the UN Mission for the Referendum in Western Sahara (MINURSO) until October 2026 and declares Morocco’s […]
Ghana signed a memorandum of understanding with bilateral creditors, including France and China, to restructure $5.4 billion worth of debt. The deal was seen as a prerequisite for unlocking $360 million from the IMF under a $3 billion bailout program next month. Ghana was the second African country to default on its debt following Zambia […]
Moroccan banks have invested more than $1.8 billion in 25 African countries between 2007-2017, says a report released by the Moroccan ministry of economy & finance. These investments represent 52.2 pc of total Moroccan funds injected in Africa. Over 16.4 pc of the Moroccan investments were made in the telecom sector, 12.3 pc in industry […]
