As the coronavirus is increasing its spread across Africa, the continent received a much-needed care package from Chinese billionaire Jack Ma, who vowed to assist the continent since African countries started registering confirmed cases of COVID-19. A cargo flight containing more than 6 million medical items arrived Sunday in Ethiopia’s capital, Addis Ababa. The supplies […]
Japan reiterated that it does not recognize the Polisario’s self-declared SADR entity and that it deals with UN member states only. The position was reaffirmed by Japan’s Deputy Minister of Foreign Affairs, Fukazawa Yoichi, at a TICAD plenary summit. A day earlier, a Moroccan diplomat was violently attacked by a senior Algerian diplomat as he […]
Fitch Ratings has revised its outlook on Moroccan banks Attijariwafa Bank, Bank of Africa, and Credit Immobilier et Hotelier (CIH) to Negative from Stable, while affirming the three banks’ Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDRs) at ‘BB+’. This comes after Fitch’s revision of the outlook on Morocco’s sovereign rating to Negative from Stable on […]
