Africa Emerging Markets Finance Headlines International

IMF urges African economies to tap into domestic financial markets to reduce reliance on foreign debt

The IMF urged African and other emerging economies to develop domestic financial markets to reduce reliance on volatile external borrowing. In its April 2025 Global Financial Stability Report, the IMF warns that high real interest rates globally have made external financing more expensive and less accessible, especially for frontier markets in Africa. Tunisia was identified […]

Emerging Markets Headlines Morocco

Morocco’s Observatory for Rights of the Child commemorates 30th anniversary

Morocco’s National Observatory for the Rights of the Child (ONDE) commemorated its 30th anniversary in Rabat Sunday at a ceremony held under the chairmanship of Princess Lalla Meryem, President of the ONDE The celebration of this anniversary reflects the special interest of King Mohammed VI in the cause of children, and his keenness to give […]

Africa Headlines International Morocco

King congratulates RS Berkane following their victory at the CAF Confederation Cup, lauds their professionalism, sportsmanship, high competitiveness

King Mohammed VI has sent a message of congratulations to the members of the RS Berkane (RSB) football club following their victory at the CAF Cup 2024-2025. In the message, the King expressed his warm congratulations to the club’s members on their victory in the Confederation of African Football (CAF) Cup for the 2024-2025 season […]

Americas Emerging Markets Headlines International Morocco

Ecuador to open an embassy in Morocco, its first in the Maghreb

Ecuador announced plans to open an embassy in Morocco, which will be Ecuador’s first diplomatic representation in the Maghreb. The announcement was made at a press briefing by Ecuadorian Minister of Foreign Affairs Gabriela Sommerfeld following a meeting Saturday in Quito with his Moroccan peer Nasser Bourita, who represented King Mohammed VI at the official […]

Africa Headlines International Morocco

Morocco’s RS Berkane clinch third CAF Confederation Cup title

Morocco’s RS Berkane won the 2024/25 Confederation of African Football (CAF) Cup, the third in the team’s history, on aggregate in a tense and emotional final clash. The victory was snatched in Zanzibar on Sunday, after RS Berkane held SIMBA SC to a 1-1 draw in the second leg of the final, following their win […]

Algeria Columns Finance Headlines

Foreign debt, another facet of Algeria’s policy inconsistencies

Algeria is reportedly seeking a $3 billion loan from the Islamic Development Bank (IsDB) to finance a major railway infrastructure project. The loan is still pending approval by the bank’s governing board, which includes key stakeholders such as Saudi Arabia and the United Arab Emirates, countries whose diplomatic ties with Algeria have been strained in […]

Americas Headlines International Morocco

US lawmakers discuss closer ties with Morocco’s Parliament speaker

A US Congressional delegation led by Representative Ronny Jackson met with Rachid Talbi Alami, Speaker of Morocco’s House of Representatives, to discuss regional security and bilateral cooperation. Jackson, a member of the House Foreign Affairs and Armed Services Committees, led the delegation in a working lunch focused on shared strategic priorities, including security in the […]

Emerging Markets Energy Finance Headlines Libya

Oil-rich Libya faces fuel supply crisis as $1 billion in unpaid import bills mount

Oil-rich but war-torn Libya is teetering on the edge of a fuel supply crisis, with more than $1 billion in unpaid dues for imported fuel threatening to disrupt deliveries and deepen the country’s economic woes. The state-owned National Oil Corporation (NOC) has warned that international suppliers are growing increasingly reluctant to continue shipments without payment […]

Africa Emerging Markets Headlines International

African macroeconomic data credibility: IMF standards vs political realities

The Central African Republic has joined 33 African nations in adopting the Enhanced General Data Dissemination System (e-GDDS), the IMF’s intermediate standard for harmonizing macroeconomic data publication. This move highlights a critical challenge facing African economies: balancing international transparency requirements with local political constraints. The IMF classifies 52 African countries into three statistical tiers. At […]

Americas Business Culture Emerging Markets Energy Headlines International Morocco

Morocco welcomed nearly 17,000 Brazilian tourists during 1st four months of 2025

Nearly 17,000 Brazilian tourists visited Morocco during the first four months of this year, said Moroccan National Tourism Office (ONMT), noting that this number represents a 48 % increase compared to same period of last year. In April, Brazilian tourist arrival spiked by 41% to reach 4,870 tourists against 3,465 in April 2024. Yet, inbound […]