The weak growth trajectory of Africa’s three largest economies, Egypt, Nigeria and South Africa, which together account for about 60% of Africa’s GDP, could exacerbate social unrest in the region, a report by UNCTAD, the United Nations trade body, has warned. Growth prospects in South Africa and across the continent have deteriorated, which threatens to […]
The European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Morocco for the 2024-2029 period after consultation with Moroccan authorities, the private sector, civil society, and shareholders. The Bank’s country strategy supports private-sector-led economy by enhancing competitiveness and promoting Morocco’s reform agenda. It also aims to strengthen social cohesion, reduce regional […]
President of Ghana, John Mahama has expressed on April 22 disappointment at the decision by Mali, Burkina Faso, and Niger to withdraw from the Economic Community of West African States (ECOWAS), calling the move “regrettable.” Speaking at the launch of ECOWAS’s 50th anniversary celebrations in Accra on Tuesday, Mahama emphasized that diplomacy should focus on […]
