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 […]
Mozambique is under increasing international scrutiny following revelations that over 300 people were killed during a violent government crackdown on post-election protests between October 2024 and January 2025. A new Amnesty International report accuses the country’s security forces of unlawful killings, arbitrary arrests, and excessive force, calling the response ‘reckless and unnecessary.’ The protests erupted […]
The United Nations and the US have called for an “urgent” meeting of Libyan political leaders to address the crisis of the Central Bank of Libya (BCL) and the blockade of oil production and exports. The UN Support Mission in Libya expressed “deep concern” over the worsening situation and convened a meeting to seek a […]
