Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]
Egypt is marshalling support around Africa to obtain the replacement of US Stephani Williams, who is acting as Adviser to the UN Secretary-General on Libya, with an African figure on the grounds that the UN diplomat antagonizes Cairo’s vision in the Libya crisis, Al-Araby Al-Jadeed reports citing an informed Egyptian source. The source told the […]
The Pan-African Parliament has reinforced its commitment to maintaining strong relations with Russia, emphasizing a neutral stance on international conflicts while promoting continental interests. The legislative body, established in 2004 as part of the African Union, serves as a platform for African peoples’ participation in regional development and integration. Parliamentary leadership has highlighted the absence […]
