Egypt Finance

Egypt’s external debt drops 5% in Q4 FY2023/24 – WB

Egypt’s external debt reached a record $168.1 billion in 2023, a 2.9% rise from the previous year and the highest level since 2012, according to the World Bank’s International Debt Report (IDR) released on December 3. However, the Central Bank of Egypt (CBE) reported a 5% quarterly decline, with external debt falling to $152.88 billion […]

Columns Features Headlines Morocco

Morocco: Preparations for 2030 World Cup top agenda of council of ministers’ meeting chaired by King Mohammed VI

King Mohammed VI chaired this Wednesday at the Royal Palace in Rabat, a Council of Ministers to review preparations for the 2030 World Cup to be hosted by Morocco, Spain & Portugal, and set priorities for co-hosting this major global sporting event. At the start of the Council’s meeting, Mr. Fouzi Lekjaa, Minister Delegate in […]

Asia Features Headlines International

Fall of Syria’s Aleppo could create big problems for Russia in Africa

Leaders across Africa and the Middle East are watching carefully the successful rebel offensive on Aleppo in Syria, experts and observers say, as this could create big problems for Russians and its so-called Africa Corps on the African continent. Experts and observers say that if the rebel offensive launched in the Syrian province of Aleppo […]

Africa Headlines International

Chad’s Deby defends decision to break ‘obsolete’ defense pact with Paris

Chadian president Mahamat Idriss Deby has defended his decision to break military ties with France and ask for the withdrawal of French troops, saying that the security agreement with its former colonial master failed to provide substantial military value to the country amid various challenges, including terrorist attacks. Deby has said their defense pact no […]

Asia Headlines International Morocco

Qatar-Morocco Year of Culture 2024 highlights by a Caftan Fashion Show

The Qatar-Morocco Year of Culture 2024 highlighted by a Caftan Fashion Show. The outstanding fashion show, celebrating the excellence and creativity of traditional Moroccan haute couture, was held at “Dar Al Maghreb” in Doha Wednesday, under the effective chairmanship of Princess Lalla Hasnaa and Sheikha Al Mayassa Bint Hamad Al-Thani. This fashion show celebrates the […]

Africa International Morocco

CEO of AU Development Agency hails Morocco’s commitment to African Integration

The Chief Executive Officer of the African Union Development Agency, Nardos Bekele-Thomas, welcomed on Wednesday in Rabat Morocco’s commitment to African integration.   In a statement to the press following talks with Minister of Foreign Affairs, Nasser Bourita, the African Union official hailed the Kingdom’s support for the work of her agency.   The African […]

Europe Features Headlines International

Landmark ruling finds Belgium guilty of crimes against humanity in colonial Congo

The Court of Appeals in Brussels has ruled that Belgium must pay reparations to five women who were forcibly taken from their mothers and put in orphanages in the Democratic Republic of Congo (DRC) when it was still a Belgian colony because they were victims of “systematic kidnapping” by state. The appellate judges thus overturned […]

Africa Comments Emerging Markets Finance Headlines International Morocco

Morocco urges more sustainable finance in Africa

Africa needs further access to sustainable finance to achieve development goals and bolster growth, Moroccan finance minister Nadia Fattah said. “The long-awaited growth of our continent depends heavily on the ability of our countries to access the financing needed to achieve the goals of the 2030 Agenda for Sustainable Development and the African Union’s Agenda […]

Africa Features Headlines International

Ukraine denies accusations that it supplies chemical weapons to Mali rebels

Ukraine has denied allegations that it had supplied dangerous chemical weapons to armed groups in Mali, saying that these false accusations were spread by Russian propagandists attempting to cover up crimes committed by Wagner Group in Africa. According to a recent report in Sputnik, armed groups in Mali recently received a very dangerous chemical weapon […]

Algeria Americas Columns Headlines International Maghreb Morocco

Sahara: Panama gives cold shoulder to Algerian envoy & his separatist agenda

Panama’s recent decision in favour of Morocco’s sovereignty over its Sahara has dealt another hard blow to the Algerian military regime as the Central American country will take its seat as a non-permanent member of the UN Security Council starting January 1, 2025. This is a major diplomatic setback for Algiers as Rabat has gained […]