First Independent Mena Newspaper
The looming debt crisis in Africa can only be resolved with a more stable and liquidity market in African government bonds, argue Daniel Cohen, the chair of Finance for Development Lab (FDL), and Ibrahim Elbadawi, the managing director of the Economic Research Forum, in a recent policy brief. As they struggle to secure investment to […]
A United Nations’ International Residual Mechanism for Criminal Tribunals in The Hague opens a trial with a frail 87-year-old Rwandan accused of encouraging and bankrolling the country’s 1994 genocide on Thursday (29 September), nearly three decades after the 100-day massacre left 800,000 dead. Félicien Kabuga is one of the last fugitives charged over the genocide […]
Former Guinean president and military ruler Moussa Dadis Camara and 10 other men are set to face trial for a 2009 stadium massacre that saw the killing of 150 people and mass rape of more than 100 women by the country’s security forces. According to a report by a United Nations-mandated international commission, on 28 […]
Algerian authorities have asked the Caritas charity to end all its activities in the country, a decision which the Catholic church said will enter into force on October 1. The closure of Caritas is a new authoritarian move taken by the Algerian military regime which turned the country into a big prison preventing international charities […]
Morocco’s central bank has hiked its key rates by 50 basis points to 2% to tame a soaring inflation, but this measure alone is not enough to tackle inflation according to central bank governor Abdellatif Jouahri. “The job of the central bank is monetary policy but growth is the job of the government,” he told […]
Japanese Prime Minister, Fumio Kishida, reaffirmed, during talks Wednesday in Tokyo with the Head of Government Aziz Akhannouch, Japan’s position of non-recognition of the polisario separatist entity. During the talks, Kishida assured Akhannouch of his desire to see Morocco, an important partner, participate in all meetings organized by Japan and to coordinate the action of […]
Algeria has managed to vassalize its cash-strapped neighbor, Tunisia, which is now mimicking its larger neighbor including on human rights violations and oppression. Human Rights Watch has released on Sept 26 a report shedding light on the ordeal of Slimane Bouhafs, a Kabyle refugee registered with UNHCR who was kidnapped in August 2021 by Algerian […]
The European Bank for Reconstruction and Development (EBRD) expects Moroccan economic growth to decelerate to 1.1 per cent in 2022, before rebounding the following year thanks to the anticipated agricultural performance and return of other sectors to pre-pandemic levels. In its Regional Economic Prospects report released this Wednesday, the Bank says economic recovery in Morocco […]
The customs operating at the port of Tanger Med have recently foiled an attempt to smuggle gold coins worth nearly $51,500. The customs aborted an attempt to smuggle out 150 pure gold old French coins without authorization, a source at the customs said. A Frenchman attempted to smuggle these coins, weighing 964 grams, out of […]
Moroccan companies DeepEcho, Medevice and Sorbus are among the winners of grants awarded by the Bill & Melinda Gates Foundation to support African health innovators seeking to optimize supply chains, improve access to medicines and advance towards universal health coverage. Twenty-seven other healthtech start-ups have been selected to benefit from a $7 million program (i3) […]