SGMB & EBRD laon agreement

“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook

The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director of credit ratings agency Fitch said on Wednesday (21 September). African economies have struggled over the last year in the face of external forces including lingering effects from the COVID-19 […]

Morocco achieves historic onion export record following trade liberalization

Morocco’s onion exports reached unprecedented levels during the 2024-2025 season, with the shipping of 64,900 tons worth $238 million after authorities lifted West African export restrictions. According to specialized platform EastFruit, this performance represents a 4.8-fold increase from the previous season and exceeds the previous 2022-2023 record by three percent. The remarkable recovery follows a […]

Libya Mired in Chaos Seven Years after Gadhafi’s Death

Libya remains in turmoil, battered by infighting between heavily armed militias and a political crisis that has divided the country. The initial euphoria is a distant memory as little have changed since the fall of Moammar Gaddafi’s dictatorship. A 2015 UN-backed deal to set up the unity government in Tripoli was meant to end the […]