Africa Business Columns Emerging Markets Headlines International Opinions

Soaring food prices hamper Ramadan celebrations around Africa

During the ongoing holy month of Ramadan, millions of Muslims around Africa are feeling the pinch of inflation, as food and energy prices have been soaring in the wake of the Russia- Ukraine war and also due to the lingering effects of the Covid-19 pandemic and climate change-related events on the global economy. African countries, […]

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UN Calls on Tunisia’s Kais Saied to end hate speech & violence against African migrants

The UN Committee on the Elimination of Racial Discrimination (CERD) has called on Tunisian regime to publicly condemn racist hate speech against sub-Saharan migrants, immediately halt their arrests and collective detentions, and release those who are arbitrarily detained, especially women and children. In a statement issued this Tuesday under its early warning and urgent action […]

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EU, US growing investment in Africa challenges China’s Belt and Road offensive

China’s Belt and Road investment in sub-Saharan Africa fell to a new low in 2023, which demonstrates that increased EU and US spending could reduce the region’s need to rely on Beijing for funding. China’s investment in the region related to Beijing’s Belt and Road (BRI) initiative, the main pillar of its global infrastructure development […]

Columns Community Headlines Libya Opinions

Libya-crimes against humanity: UN fact-finding mission calls for accountability to end impunity

The UN Independent Fact-Finding Mission (FFM) on Libya has called for accountability for the crimes against humanity committed in Libya, expressing deep concern over the country’s deteriorating human rights situation. In its final report released Monday in Geneva, the UN Mission said there are grounds to believe a wide array of war crimes and crimes […]

Americas Columns Finance Headlines International Opinions Tunisia

US urges Tunisia to reach deal with IMF to avoid collapse

US Secretary of State Antony Blinken urged Tunisia to speed up efforts in order to reach a deal with the International Monetary Fund that would spare it economic collapse. “The most critical thing they can do on the economic side is actually get an IMF agreement,” Blinken said at a senate hearing in a statement […]

Columns Headlines Maghreb Morocco Opinions

President Tebboune shows inconsistency of Algeria’s foreign policy

The Algerian president has been uttering contradictory comments since he took office showing the inconsistency of his country’s military regime as far as foreign policy is concerned. He rejects mediation in a conflict his country has created with Morocco, while seeking a role in resolving issues as far as the black sea or the Sahel! […]

Columns Finance Headlines Morocco Opinions

Moroccan government, central bank at odds over inflation

Morocco’s central bank and the Moroccan government are pursuing policies that are triggering opposite impacts on inflation. As the central bank tightens its monetary policy by raising the key interest rate for the third time in a row to 3%, the government continues its expansive budgetary policy in line with its goals to spur private […]

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Ties with Africa are a “priority” for Moscow, Putin says, in a bid to evade sanctions

Russian President Vladimir Putin has said he gives a “priority” to relations with African countries, as Moscow was looking for new partners in the face of international sanctions over Russia’s invasion of Ukraine. “I want to emphasize that our country has always given and will continue to give priority to co-operation with African states,” Putin […]

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US underscores Moroccan King’s leadership, reaffirms support for autonomy plan

The US state department highlighted the leadership of King Mohammed VI in promoting regional stability and peace and reaffirmed its position in support of the Morocco-proposed autonomy plan. Secretary of State Anthony Blenken “expressed his appreciation for King Mohammed VI’s leadership and longstanding contribution to promoting stability and regional peace, including his efforts to promote […]

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Algeria braces for another car industry fiasco

Algeria wants to develop a car industry but it wants it fast and without meeting the pre-requisite: a competitive industrial cluster or ecosystem of local part suppliers. In 2019, after his election, Algerian President Tebboune had criticized car industry professionals in his country accusing them of practicing “disguised imports” due to the very low sourcing […]