Finance Headlines Tunisia

Tunisian President looks to taxes to shun IMF bailout

Tunisian President Kais Saied is set to reject IMF conditions for a $2 billion loan and looks instead to raise taxes on the wealthy to fill in drained state coffers, in yet a new populist move that has little effect on the country’s soaring external debt and due payment deadlines. Saied who has consolidated his […]

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Egypt, Saudi Arabia ink deals for industrial cooperation

Egypt and Saudi Arabia signed Sunday two deals for industrial cooperation covering non-oil exports and auto industry, Ahram Online reports. The first Memorandum of understanding (MoU) involved the export authorities of both countries to boost cooperation on non-oil exports. The second deal is signed between Saudi National Industrial Development Centre and Egyptian consumer finance company […]

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Italy charms Congo to back candidacy to host Expo 2030

Italy is counting on Congo-Brazzaville to back a bid to organize World Expo 2030 in the city of Rome, the European country’s ambassador to the African country indicated Saturday. Luigi Diodati, marking the 77th anniversary of national celebration, indicated that Rome is counting on Brazzaville to win rights to host the global event. The Italian […]

Africa Business Emerging Markets Headlines International Morocco

OCP mulls phosphates investment in Togo

Morocco’s phosphates and fertilizers producer OCP said it plans to launch a feasibility study for the setting up of a phosphate-based fertilizers plant in Togo. A deal was signed by Togolese agriculture minister Antoine Kepka Gbebgeni and head of OCP Africa Mohamed Anouar Jamali. The plant is expected to be achieved in the medium term […]

Energy Europe Headlines International Morocco

The Telegraph highlights Morocco’s renewable energy potential

The Telegraph highlighted Morocco’s energy export potential describing the country as a “renewable energy superpower at Europe’s doorsteps.” The daily recalls that the country – thanks to the forward-looking leadership of King Mohammed VI- managed to promote renewable sources of energy to account for 40% of its energy mix as it forges ahead to surpass […]

Features Headlines Tunisia

Tunisia’s media regulator to sue PM Najla Bouden for appointing public radio CEO

Tunisia media regulator, Haica, announced Saturday plans to sue Prime Minister Najla Bouden for the appointment of Henda Ben Alaya Ghribi as new CEO of State-run media “Radio Tunisienne” without consultation – violation of decree-law 16. Ghribi was promoted to the position last Friday in a decree stemming from President Kais Saied. However Haica in […]

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Côte d’Ivoire’s Cheick Sallah Cissé claims World Taekwondo Championships

Cheick Sallah Cissé, the Ivorian who made a name for himself and his country seven years ago in Rio Olympics, won Sunday a World Taekwondo Championships title in the men’s over-87 kilograms division. Cisse overcame defending champion Carlos Sansores of Mexico, with 2-1 victories in both rounds. In both rounds, he built a 2-0 lead […]

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Morocco: US First Lady Hails the King’s ‘Leadership’ to Empower Women and Youth

United States First Lady Jill Biden has commended the leadership of King Mohammed VI to empower women and youth. “Under His Majesty King Mohammed the Sixth’s leadership, Morocco is encouraging reforms to empower women and youth, reflecting our shared priorities”, said Mrs Biden in a statement issued Sunday by the White House. The United States […]

Africa Headlines International

Burkina Faso tops list of 7 African countries with ‘most neglected displacement crises’ — report

For the first time, Burkina Faso, plagued by jihadist violence since 2015, tops the list of the world’s most neglected displacement crises, according to a new report from the Norwegian Refugee Council (NRC). This is also caused by the redirection of aid and attention towards Ukraine, which has increased neglect of some of the world’s […]

Americas Headlines International Morocco

US First Lady Jill Biden arrives in Morocco

The First Lady of the United States, Jill Biden, arrived in Marrakech this Saturday afternoon for a visit to Morocco, part of a tour that already took her to Jordan and Egypt. Upon her arrival at Marrakech-Ménara Airport, Jill Biden was welcomed by Princess Lalla Hasnaa, King Mohammed VI’s sister. The US First Lady, who […]