fishing port

Morocco, Algeria Take Arms Race to Manufacturing Level

Morocco is preparing to launch a factory to manufacture various defense equipment in an attempt to reduce its dependency on foreign arms suppliers and bridge the gap with Algeria, which is planning to establish a factory for military helicopters. This military project, dubbed MCR Technologies, will be carried out at a total cost of 300 […]

Mauritania: Regime Turned Country into Cash Cow, Anti-Slavery Activist

Leader of the anti-slavery movement IRA (Initiative for the Resurgence of the Abolitionist Movement) has slammed President Mohamed Ould Abdel Aziz’s regime for looting the Mauritanian people, reports say. “Their only realization is illicit enrichment, division of Mauritanians, and ideological, ethnical and religious indoctrination of communities,” Biram Dah Abeid said in an address before members […]

Intra-Africa trade remains ‘difficult’ amid forex shortage, poor infrastructure — Standard Bank’s report

Intra-country trade in 10 key African countries remains difficult amid currency volatility and international capital flight, as business struggle to find the foreign currency, most notably the dollar, needed to pay for imports, according to the 2023 Standard Bank Africa Trade Barometer (ATB). The key finding in the study conducted by Standard Bank, Africa’s largest […]