Europe Headlines International Morocco

Morocco-Spain high-level meeting to be held early 2023

The Moroccan-Spanish high-level meeting is scheduled to be held early next year, Foreign Minister Nasser Bourita, announced on Tuesday in Rabat. Speaking at a press briefing following the signing of a Memorandum of Understanding on the establishment of a Green Partnership with the European Union (EU), Bourita said the high-level meeting will be an “important […]

Energy International

Egypt, PA, Israel agree to develop Gaza gas field

  Egypt, the Palestinian Authority (PA) and Israel have agreed to develop the Palestinian gas field off the coast of Gaza, Israeli Public Broadcaster Kan revealed Tuesday. The profits from the gas field will go back to the PA and Israel, with Egypt mediating between the parties in an effort to improve the financial situation […]

Business Finance

World’s worst-performing currencies: Ghana’s cedi, as Nigeria’s naira, SA’s rand also struggle

Ghana’s cedi slumped over the last three days to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital into the West African country. The currency of the world’s second-biggest cocoa producer depreciated as much as 3.3%, which took its losses this year to more than 45%, the most among 148 […]

Business Emerging Markets

Pandemic aftershocks, Russia’s war in Ukraine dimming prospects for African trade

The effects from the COVID-19 pandemic aftershocks and the Ukrainian crisis have led to rising commodity prices, surging inflation, and shifts in the global financial situation that have transformed African trade and production capabilities, according to the latest figures published by the International Monetary Fund (IMF). After over-performing in its post-pandemic recovery in 2021, Africa’s […]

Africa International

Mali warns to defend itself against alleged French sovereignty violations

Mali’s military government would exercise its right to self-defense if France continued to undermine the West African country’s sovereignty and national security, Mali’s foreign affairs minister Abdoulaye Diop warned on Tuesday (18 October). During a speech delivered at a United Nations Security Council briefing on Mali in New York, Diop accused France of violating Malian […]

Columns Finance Headlines Morocco Opinions

Morocco’s 2023 budget to foster well-fare state

The ministerial council chaired by King Mohammed VI has approved a draft budget that aims at fostering the pillars of the welfare state by focusing on the generalization of social protection, upgrading the education system, improving access to social housing and protecting vulnerable groups. The draft budget expects a growth rate of 4% and a […]

Headlines Tunisia

Tunisia: Bakers on strike over state’s refusal to pay €78 million subsidies; night protests continue for fifth day

Tunisian bakers have gone on strike across Tunisia to protest against the government’s reluctance to disburse around 78 million euros (TND250 million) in form of subsidy. The union of bakers of the North African country issued the strike order Tuesday. Mohamed Bouanen, the chair of the union told local media Express FM, that bakers are […]

Blogs Community

Severe floods in Nigeria kill more than 600, slow shipments of aid

The heavy flooding in Nigeria, which has covered farms and roads and slowed shipments of food and fuel, has now displaced more than 1 million people from their homes, with the death toll already surpassing 600. The country’s authorities are struggling to free up the gridlock, as a jump in prices is already making life […]

Africa International

Madagascar fires foreign minister following UN vote condemning Russia’s annexation of Ukrainian regions

Madagascar President Andry Rajoelina fired Tuesday the country’s top diplomat Richard Randriamandranto in connection with the UN vote last week condemning Russia’s annexation of Ukrainian regions. A decree signed by the President and the Prime Minister indicated that Defense Minister will take over the position in the interim. Local media, citing unnamed sources in the […]

Africa Europe Headlines International

Italy donates Niger two helicopters as part of military cooperation

Italy Tuesday donated two military helicopters to the Nigerien army in the framework of military cooperation between the two countries, news agency of the West African country reported. “As part of the military cooperation between our two countries, we have today handed over two helicopters to Niger. Next year, there will be two others,” said […]