A new assessment by the Policy Center for The New South put the material damage of Sept 8 earthquake at 3 billion dirhams ($300 million), accounting for nearly 0.2% of Morocco’s GDP. The quake which hit vast swathes in the High Atlas mountains killed 3000 people and damaged 59,674 buildings, of which 32% were destroyed […]
Tunisia’s President Kais Saied Thursday laid into international rating agencies for using “biased criteria” in evaluating the country’s abilities to attract investments. This came during a meeting with the President of financial market council (CMF) Salah Sayel, a day after the country’s central bank (BCT) sounded the alarm over the waning of foreign reserves, the […]
The Security Council, expressing concern about security and humanitarian challenges in West Africa — as well as the potential of the COVID-19 pandemic to exacerbate existing fragilities —adopted a presidential statement calling for national, regional and international support for countries of the region. In a statement issued by Christoph Heusgen (Germany), Council President for July, […]
