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Morocco could tap into IMF credit line if oil prices soar
Morocco may activate its $4.5 billion IMF Flexible Credit Line (FCL) if global oil prices surge beyond $120 per barrel, Morocco’s central bank governor Abdellatif Jouahri said, highlighting that the country maintains powerful liquidity backstops and solid macro-economic fundamentals in the face of rising geopolitical uncertainty. Speaking at a press conference in Rabat following the […]
Cameroon: legal storm brews as Paul Biya’s presidential eligibility challenged
Cameroon’s long-serving president, Paul Biya, faces a high-stakes legal challenge as opposition candidate and veteran lawyer Akere Muna petitions the Constitutional Council to block his bid for an eighth term ahead of the 12 October election. At 92, Biya has held power since 1982, making him one of the world’s oldest and longest-serving leaders. Muna’s […]
Mauritania’s President woos European investors for green hydrogen projects
Mauritania’s President Mohamed Ould Cheikh El Ghazoauni boasted the North African country’s green hydrogen potential and called on European investors attending the European Union – African Union summit at the Global Gateway Forum to seize opportunities. “Our country, the Islamic Republic of Mauritania, with its enormous renewable energy potential (estimated at 4,000 GW, of which […]



