Erdogan

Morocco, third destination for remittances from African diaspora in 2021 – World Bank

The kingdom of Morocco is expected to receive $9.3 billion this year in terms of remittances from Moroccan expatriates, representing the third largest on the continent, right behind Egypt and Nigeria, a World Bank report revealed. Compared with last year data, Morocco will witness a 25.76 per cent increase, according to data published in the […]

Suez Canal traffic rebounds as geopolitical calm boosts maritime confidence

Egypt’s Suez Canal recorded a 14.2 percent year-on-year revenue increase between July and October, driven by easing tensions in the Red Sea and renewed vessel movement following the Gaza ceasefire. Canal Authority Chairman Osama Rabie confirmed that 229 ships transited in October, the highest monthly tally since the onset of the regional crisis, with 4,405 […]

EAC’s strategic partnership with EU helps boost its agri-exports to bloc

The East African Community (EAC) last year exported agri-food products worth a staggering 2.16 billion Euros to the European Union, according to a recent report by Eurostat, which highlights the success story of a collaboration between both partners that contributes to the EAC’s economic development. According to Eurostat, the EU’s statistics authority, the volume of […]