IMF

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 […]

Moroccan-Saudi Economic Forum Convenes in Riyadh Jan. 21-22

A Moroccan-Saudi economic forum will be held in Riyadh this January 21-22 by the Moroccan Employers’ Association (CGEM) in cooperation with the Federation of Saudi Chambers. The program of the forum features presentations on the business climate in Morocco and Saudi Arabia, a session on investment opportunities in the two countries, a meeting of the […]

Libya: Amnesty International Slams EU Inaction over Migrants Abuse

Amnesty International has denounced European governments’ inaction over the torture and abuse of tens of thousands of refugees and migrants detained in Libya in appalling conditions. In a report published in the wake of global outrage over the sale of migrants in Libya, AI shed lights on how European governments are “actively supporting a sophisticated […]