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Italy expects no elections in Libya with two rival administrations
Italy’s ambassador to Libya Giuseppe Buccino indicated Tuesday that it is impossible to hold elections in the oil-rich African country whose running is being claimed by two rival administrations. Baccino made the remark during a round table organized by the Luiss University in Rome, Libya Update reports. “The situation on the ground is complex,” the […]
Tanzania’s small business ban on foreigners sparks regional tensions
Tanzania’s decision to bar foreign nationals from operating small businesses has ignited sharp backlash across East Africa, particularly from neighboring Kenya, with fears that it could fracture regional economic ties. The new directive, announced by Trade Minister Selemani Jafo, prohibits foreigners from engaging in 15 grassroots sectors such as salons, eateries, mobile money kiosks, and […]
Fitch: Moroccan Banks show resilience despite Macro-economic challenges
Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]



