US secretary of State Antony Blinken & Egyptian FM Sameh Shoukry

Fitch rates Morocco “BB+” with stable outlook

Fitch Ratings agency has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a Stable Outlook due to favorable debt composition, reasonably comfortable external liquidity buffers and a record of macroeconomic stability. In 2021, Morocco’s GDP growth rebounded to 7.4%, after contracting by 6.4% in 2020. “We forecast growth to decelerate to 1.1% […]

Algeria’s Continuous Struggle with ‘Residual’ Terrorism- Global Risk Insight

Algeria continues to struggle with its residual terrorism as numerous militant groups have emerged since the 1990s and evolved according to geopolitical trends with the Islamic State being the latest group to gain presence in the country, said the London-based risk analysis publication, the Global Risk Insight. The publication points out in an article entitled, […]

German chancellor, on ‘charm offensive’ in East Africa, backs G20 seat for AU

Germany supports the inclusion of the African Union (AU) in the G20 group of nations, the country’s Chancellor, Olaf Scholz, said on Thursday, May 4, as he arrived in Kenya on a three-day trip in East Africa, that will also take him to Kenya. The visits are meant to advance talks on trade and co-operation […]