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Gabon’s transitional Premier alludes to 24-month transition before new elections

Raymond Ndong Sima, the transitional Premier of Gabon has told French media AFP that the central African country will need at least 24 months as transitional period for new elections after the Army seized power on August 30. Ndong Sima, a former Prime Minister under the regime of ousted leader Ali Bongo Odimba, was September […]

“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook

The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director of credit ratings agency Fitch said on Wednesday (21 September). African economies have struggled over the last year in the face of external forces including lingering effects from the COVID-19 […]

Royal Air Maroc launches direct Casablanca-Munich route

Moroccan carrier Royal Air Maroc (RAM) inaugurated on Monday a new direct flight connecting Casablanca to Munich, marking a significant step in strengthening air connectivity between Morocco and Germany. The new route, to be serviced twice a week on Mondays and Fridays, serves as a strategic bridge between Morocco and Germany, aimed at boosting economic, […]