Nigerian economy has recovered—slowly after it suffered a recession in 2016. New data from Bloomberg shows that Nigeria is now Africa’s largest economy, pushing South Africa into second place. According to Bloomberg, Nigeria’s economic growth beat forecasts in the fourth quarter, helping its economy to expand the most in four years in 2019 as […]
Morocco’s Central bank decided on Tuesday to lift its rates by 50 basis points to 3 percent to counter inflationary pressures exerted both at the domestic and international levels. During its first meeting of 2023 held in Rabat, the Board of Bank Al Maghrib discussed the evolution of the national economic situation and the Bank’s […]
Algeria, which is known as a traditional customer of Russian and Chinese arms, has become the major buyer of German weapons during the past four years, according to new data released by the Stockholm-based International Peace Research Institute (SIPRI). In its report on global arms transfers between 2016-20, the Swedish Think-tank ranks Algeria as […]
