Fitch Ratings

Algerian regime exploits Sahrawis sequestered in Tindouf Camps in its sham presidential election

The Algeria-backed Polisario militiamen have received nearly 40,000 voter registration cards believed to be used in manipulating the voter turnout of the presidential election scheduled for Sep.07, according to Sahrawis sequestered in Tindouf camps. During his campaign, President Abdelmajid Tebboune, who is seeking a second term, has reaffirmed his support for the Polisario which is […]

Africa’s diaspora remittances to grow 5,4% in 2024, market set to reach $500bn by 2035

Remittances to Africa and the Middle East, which play a pivotal role in many regional economies, significantly contributing to their GDP, are estimated to have increased 5.4% in 2024, primarily due to rebounded flows to Egypt, after a 14.6% decline in 2023. In 2024, remittance flows to low- and middle-income countries are expected to reach […]

Ghana, latest nation to back Morocco’s autonomy plan as sole solution to Sahara issue

Ghana has become the latest state to back the Moroccan autonomy plan as the sole solution to the Sahara issue, in a move that will reverberate across Africa. The position was expressed in a joint statement following talks in Rabat Thursday between Ghana’s foreign minister Samuel Okudzeto Ablakwa and Moroccan peer Nasser Bourita. Ghana “considers […]