Emerging Markets Finance Headlines Morocco

Moroccan government expects 4.6% growth in 2025

The Moroccan government is preparing the 2025 budget based on expectations of an economic growth at 4.6% and a budget deficit of 3% of GDP, as it continues to attach priority to social safety nets, investments and employment. This came in the directive of the head of the government regarding the priorities of next year’s […]

Africa Europe Headlines International

Mali expels Sweden’s envoy over ‘hostile’ comment amid strained ties with the West

Mali has ordered Sweden’s ambassador to leave the country within 72 hours because of what it called a “hostile” statement by a Swedish minister, the West African country’s junta-ruled government said. Kristina Kuhnel, Sweden’s ambassador to Bamako, has been summoned on Friday August 9 and ordered to leave days after the country’s minister for international […]

Africa Europe Headlines International Morocco

FIFA, CAF, international media hail Morocco’s feat at men’s Olympic football tournament, congratulate them on Olympic bronze medal

FIFA President Gianni Infantino congratulated Morocco on winning its first Olympic bronze medal in team sports after a dramatic 6-0 victory over Egypt on Thursday. In a post on Instagram, Infantino praised Morocco’s achievement, saying the bronze medal is a significant accomplishment. “Sincere congratulations to Morocco for the bronze medal during the Paris 2024 men’s […]

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Turkey to mediate in Somalia-Ethiopia port row

Somalia and Ethiopia will resume negotiations in Ankara on a port in Somaliland, a breakaway region where Addis Ababa offered recognition in return for using the Red Sea port. Relations worsened when Ethiopia and Somaliland signed a memorandum of understanding to use 20 km of coastal land for a port purpose. Somalia opposed the deal […]

Energy Headlines Libya

Libyan infighting disrupts oil production at largest field

Forces loyal to Haftar disrupted production at the country’s Sharara oil field, operated by a Spanish company, in a move described as “political extortion” by the UN-recognized government in Tripoli. Haftar’s forces tried to shut down the oil field in protest over a Spanish arrest warrant against Saddam Haftar, a key military figure in his […]

Algeria Columns Europe Headlines International

Tension brews between Russia and Algeria over regional issues

The most recent showdown at the UN Security Council between Russia and non-permanent member Algeria is indicative of an intensifying friction over much broader regional issues, where the two countries lie at the antipodes. Boxing Row At the Security Council meeting on women peace and security, Russia’s representative brought the row over the gender identity […]

Africa Columns Emerging Markets Headlines International

UN counter-terrorism chief warns of ISIS’ surge in Africa, calls for global action

A senior UN counter-terrorism official has warned about the escalating threat level that the Islamic State (ISIL/Daesh) and other related terrorist groups pose to West Africa and particularly the Sahel amid the growing political unrest and instability in the region. Vladimir Voronkov, head of the UN Office of Counter-Terrorism (UNOCT), in a briefing to the […]

Business Emerging Markets Europe Headlines International Morocco

Air Transport: Irish Aer Lingus launches new Dublin-Marrakech route

Irish airline Aer Lingus has announced the launch of a new air route connecting Dublin to Marrakech starting this October, with three flights a week. The launch of this new route is part of the “expanded program of the Irish carrier aimed at providing its customers with the opportunity to enjoy the sun during the […]

Africa Headlines International

AU Commission: Four candidates vying to succeed Moussa Faki

The candidates vying to succeed Moussa Faki Mahamat as head of the African Union Commission are now known. There are four candidates ready to take over from the Chadian, who will reach the end of his two mandates early next year. The four candidates come from the East of the continent, in line with the […]

Africa Europe Headlines International

Nigerian Authorities detain Polish nationals over alleged foreign flag display during protests

Nigerian security forces have detained seven Polish nationals, including six students and a lecturer, for allegedly displaying Russian flags during recent protests against economic hardship. The incident has sparked diplomatic discussions between Nigerian and Polish authorities. The arrests occurred in Kano state, with Nigerian officials citing the Poles’ presence during the protests and the display […]