Moroccan PM El otmani

Senegal’s public debt nears 80% of GDP amid fiscal strain

Senegal is facing mounting fiscal challenges as its public debt approaches 80% of GDP, driven by rising borrowing costs, persistent energy subsidies, and the lingering effects of post-COVID recovery spending. The government is under increasing pressure to balance its budget while maintaining critical social and infrastructure investments. According to a recent World Bank report, Senegal’s […]

Eid al-Fitr in Africa: economic struggles, conflicts dampen festive mood

As Muslims across the Middle East and North Africa (MENA) region prepare to celebrate Eid Al-Fitr — the Feast of Breaking the Ramadan Fast — starting from Wednesday (11 April), people in many parts of Africa are bracing for low-key festivities due to the tough economic and security challenges that their countries are going through. […]

Moroccan Dirham, safe-haven currency in West Africa & Sahel

The Moroccan currency is increasingly used in markets across West Africa and the Sahel, marking a significant shift in a region that has long been anchored to the CFA franc, tied to the French central bank. Although 14 African states still officially use the CFA franc, the Moroccan dirham has begun to circulate more widely […]