Headlines Tunisia

Tunisia: Ayechi Zammel benefits from five dismissals and a reduced sentence

On December 19, lawyer Abdel Sattar Al Massoudi announced that the Siliana Court of Appeals had dismissed charges in five cases against his client, Ayachi Zammel, a former presidential candidate in Tunisia’s recent elections. The decision represents a notable legal win for Zammel, who has faced widespread scrutiny over allegations tied to his candidacy. The […]

Emerging Markets Finance Headlines Morocco

Morocco to regulate crypto without stifling innovation, says Central Bank Governor

Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri, said earlier this week that the legal framework governing crypto-assets in Morocco, currently undergoing adoption process, aims to regulate this ecosystem while preserving the financial innovation that can emerge from it. “We wanted to regulate the use of crypto-assets, without stifling the innovation that can […]

Africa Europe Headlines International

New Mauritius gov’t questions Chagos archipelago deal with UK

The UK government has said it still sticks to the plan to hand over the contested Chagos Islands to Mauritius even after the country’s new leader backed away from the contentious deal, arguing that it did not benefit his country enough. London announced it will transfer the sovereignty over the contested Indian Ocean archipelago, which […]

Africa Emerging Markets Headlines International

Africa’s digital development needs boost from AfCFTA, import duties cuts — World Bank

African countries face higher tariffs and tend to import relatively low-quality digital goods compared to other regions, especially in low-income nations, a recent research by World Bank economists has found. Despite relying heavily on imports, tariffs that African countries impose on imported digital goods are about three times higher than other regions, the research has […]

Africa Emerging Markets Finance Headlines International

ECOWAS renews efforts to launch single currency ECO in 2027

The leaders of the Economic Community of West African States (ECOWAS) have pledged to renew efforts to launch the region’s single currency, the ECO, with the revised date set for 2027. This decision was reaffirmed during the recent 66th Ordinary Session of the ECOWAS Authority of Heads of State and Government in Abuja, where leaders […]

Egypt Emerging Markets Headlines International

Egypt hosts eleventh D8 Summit

Cairo hosted the 11th D8 summit that brought together leaders from developing countries—Egypt, Bangladesh, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey. The summit themed “Investing in Youth and Supporting SMEs: Towards Tomorrow’s Economy” emphasized collaborative efforts to tackle global and regional challenges. The summit focused on the crises in the Middle East, including conflicts, economic […]

Business Emerging Markets Headlines Morocco

Central bank sees automotive sector exports at $20 bln by 2026

Morocco’s central bank gave a promising outlook for Morocco’s current account balance putting emphasis on the growing exports of the automotive sector, seen at a record 20 billion dollars by 2026. Likewise, the bank expects Morocco’s phosphates and derivatives exports would settle at 10 billion dollars, while remittances from Moroccans abroad and tourism receipts would […]

Africa Europe Headlines International Morocco

Four French nationals detained in Ouagadougou released thanks to Moroccan King’s mediation

Thanks to a successful mediation by King Mohammed VI, four French officials accused of espionage and detained since December 1, 2023, in Burkina Faso have been freed. French President Emmanuel Macron “spoke over the phone on Wednesday, December 18, with King Mohammed VI to warmly thank him” for the success of his mediation, said the […]

Africa Algeria Columns Community Headlines International Maghreb

Polisario designation terror organization & expulsion from AU, “just a matter of time”

Several UN experts are convinced that it is just a matter of time before the designation of the Algeria-backed Polisario separatist group a terrorist organization, resulting in its expulsion from the African Union. The Polisario militias are armed, funded, and sheltered by the Algerian junta in Tindouf camps. This terrorist organization and its anti-semitic leaders […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco’s ONEE, Germany’s KfW seal €50 Mln loan deal to finance drinking water supply program

The German Agency for International Cooperation (GIZ), through KfW, will grant Morocco’s National Office of Electricity and Drinking Water (ONEE) a €50 million loan destined to finance a climate-resilient drinking water supply program. The program is aimed at securing and reinforcing drinking water supply in several towns, including Ghafsai, El Hajeb, Ain Legdah, Bouderbala, Souk […]