UNDP Somalia water resources

Covid-19: EBRD expects Morocco’s economy to rebound by 4% in 2021 after 2% contraction in 2020

Morocco’s GDP will rebound by 4 pc in 2021 after a 2 pc decrease in 2020 due to the impact of the coronavirus pandemic, says the European Bank for Reconstruction and Development (EBRD). In its Regional Economic Prospects report published Wednesday, EBRD explains that the slowdown will be driven by a sharp decline in tourism, […]

Polisario Experiences Bitter Taste of Legal Maneuvers against Morocco

The Polisario has incurred a new setback in its legal maneuvers against Morocco after the Kingdom’s phosphate company, OCP, restored ownership of a 55,000 tons of phosphates rock unlawfully held in South Africa following a legal challenge by the Polisario. The cargo on board Cherry Blossom was seized in South Africa since May 2017 after […]

Dim prospects for Tunisian economy as President Saied cuts ties with IMF

Tunisia’s President Kais Saied has suspended ties with the IMF after shunning the reforms it conditioned for a lifeline deal that could have made it easier for Tunisia to access foreign loans. The failure of the $1.9 billion offered by the IMF in exchange for reforms puts Tunisia in an uphill battle to access funding […]