Land’Or Maroc Industries

The African currency rollercoaster ride: struggling against super-strong US dollar

As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to inflationary pressures. With around half of all international trade invoiced in dollars, a stronger greenback hurts consumers across the world — including in Africa — that use dollars to pay […]

Serraj proposes to Haftar to name Prime Minister as transition drags feet

Head of the Libyan Presidential Council Faiez Serraj has proposed to his rival of opposed administration, Khalifa Haftar to name a transitional Prime Minister as UN-led reconciliation efforts between Libyans wane. Serraj, according to Italian newspaper la Republica, used Italian Premier Giuseppe Conte to deliver proposal to the Field Marshall. Conte, accompanied by foreign minister […]

Burkina Faso recruits 50,000 people as civilian defense volunteers to fight jihadists

The conflict-torn Burkina Faso has launched a drive to recruit 50,000 civilian defense volunteers to help the country’s army fight jihadists, the authorities announced. “The mission of these communal VDPs is to protect, alongside the defense and security forces, the people and property of their communes of origin”, in the face of jihadist attacks, according […]