Africa Headlines International Morocco

Malawi’s President sends message to King Mohammed VI

President of Malawi Lazarus Chakwera has addressed a message to King Mohammed VI. The message was handed over by the President’s special envoy Eisenhower Nduwa Mkaka at a meeting in Rabat Tuesday with Moroccan Foreign Minister Nasser Bourita. In a press briefing following the meeting, Nduwa Mkaka, a former Minister of Foreign Affairs, reaffirmed Malawi’s […]

Emerging Markets Finance Headlines Morocco

Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.2 % & Expects 4.6 % Growth in 2025

Morocco’s Central Bank has decided to maintain the key interest rate unchanged at 2.25 percent due to deceleration in food prices and a slowdown of inflation from 2 % on average in the first quarter of this year to 0.7 % in April and 0.4 % in May. The decision was made by the Bank’s […]

Algeria Asia Energy Europe Headlines International

IAEA inspectors plan visit to Algeria amid alarming reports over radioactive waste shipments to Teheran

A team of experts from the International Atomic Energy Agency (IAEA) is expected to travel to Algeria to inspect civilian nuclear facilities and radioactive waste from the nuclear medicine amid alarming reports of secrete shipments of radioactive materials to Iran for “dirty bombs” making. The IAEA inspectors will focus on radioactive waste handling, disposal and […]

Headlines Tunisia

Tunisian Transport Union threatens to stage strike over alleged irregular appointment at TRANSTU

The General Transport Union, under the umbrella of the Tunisian General Labor Union (UGTT), has issued a warning of a two-day strike across TRANSTU, Tunisia’s primary public transport company. The union objects to what it describes as the CEO’s unilateral and unlawful appointment of a senior official, effective from 1 July 2025, allegedly in violation […]

Americas Asia Columns Headlines International

Ceasefire or capitulation? Iran retreats after strikes on its nuclear sites

On June 23, 2025, U.S. President Donald Trump announced a ceasefire between Iran and Israel, ending a 12-day conflict that had pushed the Middle East to the edge of a regional war. But while the announcement was framed as a diplomatic breakthrough, the facts on the ground suggest a different reality: Iran was forced into […]

Business Emerging Markets Europe Headlines International Morocco

Morocco, Turkey pledge to rebalance trade ties

Morocco and Turkey have reaffirmed their commitment to strengthening economic ties by addressing long-standing concerns over trade imbalances. During the sixth session of the Joint Commission on the Free Trade Agreement (FTA), held in Ankara, both nations agreed to recalibrate their commercial relationship to ensure greater equity and mutual benefit, the two parties said in […]

Emerging Markets Finance Headlines Morocco

Morocco’s handicrafts sector amounts to 7% of GDP

The Moroccan handicraft sector, long rooted in tradition and cultural heritage, is undergoing a significant transformation as it asserts itself as a vital pillar of the national economy, representing 7% of GDP, Lahcen Saadi, Secretary of State in charge of Handicrafts and the Social and Solidarity Economy said. The sector now employs over 2.7 million […]

Community Emerging Markets Headlines Morocco

Morocco mobilizes massive transport capacity for summer ‘Marhaba’ operation

Morocco’s Transport Ministry has unveiled comprehensive measures to accommodate 7.5 million passengers and 2 million vehicles during the annual “Marhaba” operation, deploying 29 vessels across 13 maritime routes in coordination with multiple stakeholders. Transport Minister Abdessamad Kayouh, addressing Parliament on Monday, detailed the extensive mobilization including ships with weekly capacity for 500,000 passengers and 130,000 […]

Africa Business Emerging Markets Headlines International Morocco

Fez-Meknes secures vice-presidency in African-Francophone Business Alliance

Morocco’s economic diplomacy scored a significant victory as Hamza Benabdellah, President of the Fez-Meknes Chamber of Commerce, Industry and Services, was elected Vice-President of the Permanent Conference of African and Francophone Consular Chambers (CPCCAF) during the organization’s 49th General Assembly in Fez. The statutory meeting, coinciding with the 5th Fez-Meknes Economic Forum, also saw Youssouf […]

Africa Emerging Markets Finance Headlines International

Senegal’s public debt nears 80% of GDP amid fiscal strain

Senegal is facing mounting fiscal challenges as its public debt approaches 80% of GDP, driven by rising borrowing costs, persistent energy subsidies, and the lingering effects of post-COVID recovery spending. The government is under increasing pressure to balance its budget while maintaining critical social and infrastructure investments. According to a recent World Bank report, Senegal’s […]