Africa International

Doctors Without Borders lose two staff in Burkina Faso

Two staff members of Doctors Without Borders (MSF) have been killed in the Boucle du Mouhoun region, in northwestern Burkina Faso – forcing the charity organization to suspend its medical activities in the region. The organization said in a statement that unidentified armed men attacked Wednesday one of its vehicles carrying a team of four […]

Business Egypt Headlines

Moody’s downgrades Egypt’s rating to ‘B3’

Moody’s Investors Service cuts Egypt’s sovereign rating by one notch to B3 from B2, saying that it does not expect the country’s liquidity and external positions to rebound quickly. The change comes as the Arab country has continued to face a foreign currency shortage despite allowing the Egyptian pound to depreciate sharply in recent months. […]

Finance Tunisia

World Bank loans Tunisia $120m to support SMEs

The World Bank has agreed to grant Tunisia a $120 million loan earmarked to facilitate access to funding by Small and Medium Enterprises (SMEs). The announcement was made by WB vice-president for MENA region, Farid Belhaj. The credit will be dished out to financial institutions by the Ministry of Finance and then to SMEs qualified […]

Headlines Maghreb

Algeria: Journalists Farid Harbi handed three-year prison sentence, Saâd Bouakba placed under judicial supervision

Journalist and editor of the Algerian news website “Tout sur Boumerdès” (TSB), Farid Harbi, has been sentenced to three years in prison without a warrant, local media reported. The Algerian journalist was accused of having “disseminated fake news”, following a complaint filed by the wali of Boumerdes (northern Algeria). The facts put forward by the […]

Headlines Morocco

Four Moroccans confirmed dead in devastating earthquake in Türkiye

Official spokesperson for the Government Mustapha Baitas confirmed that 4 Moroccans died in the devastating earthquake that hit Türkiye on Monday. The death toll in southeastern Türkiye and northern Syria has exceeded 18,000 according to latest reports released Thursday. Although the chances to unearth survivors are decreasing more than 72 hours after the first earthquake […]

Africa Business Emerging Markets Headlines International Morocco

Africa holds key to global food security, OCP chief tells FT

Africa holds the key to global food security because it has 60% of the world’s unused arable land, chairman and CEO of Morocco’s OCP Group, Mostafa Terrab, told the Financial Times. The Financial Times pointed out in its Wednesday issue that in the wake of the war in Ukraine and amid fears about the continent’s […]

Columns Europe Headlines International Morocco

Moroccan MPs, experts, associations denounce the “neocolonialist policy” of the European Parliament

Moroccan MPs, representatives of civil society, experts and lawyers have denounced the instrumentalization of the human rights issue, the attacks on Morocco’s territorial integrity and the exploitation of the Pegasus case by some members of the European Parliament, part of smear campaigns and repeated attacks against the Kingdom. These participants in a conference-debate, organized by […]

Africa Europe International

Burkina Faso scolds France24 for referring to jihadists as “Islamist rebels”

Burkina Faso’s media watchdog Conseil Supérieur de la Communication (CSC) has given a notice to French media France24 for unprofessionalism after the outlet allegedly reported that government source referred to terrorists who abducted last month dozens of women as “Islamist rebels”. The warning came Tuesday following a hearing which took place last January 24. The […]

Business Finance Headlines Morocco

Private investment, Morocco’s way forward to bolster growth

Over the past two decades, investment in Morocco amounted to 30% of GDP annually, in an effort led by the state. This model has hit its limits as Morocco aspires to see the private sector playing a leading role in promoting investments and bolstering growth. The adoption of the investment charter last year aims to […]

Headlines International Morocco

FIFA Chief hails Morocco’s successful hosting of Club World Cup

FIFA President Gianni Infantino who is in Morocco to attend the semi-finals and finals of the Mondialito, which is being held this February 1 to 10 in Tangier and Rabat, said that Morocco has mobilized all the necessary means and resources to ensure the successful hosting of the ongoing Club World Cup. “After the success […]