Africa International

Horn of Africa is sliding toward famine, UN agencies warn

Severe hunger is sliding toward famine-like conditions in the Horn of Africa, particularly in Somalia, United Nations (UN) agencies warn, which is the result of four years of consecutive drought that have wiped out peoples’ ability to grow the crops they need to feed themselves. The World Food Program (WFP) has reported that up to […]

Business Emerging Markets

State of Angola’s economy taking centre stage in the polls

After the last decades of civil war, an oil boom, corruption scandals, the state of Angola’s economy will be one of the biggest and most decisive issues when the country’s citizens go to the polls on Wednesday (24 August). Millions of Angolan youths are voting for the first time in the country’s 5th election since […]

Europe Headlines International Morocco

Moroccan consumers’ rights watchdog urges France to refund rejected visa applicants

The number of rejected visas by the French consular services in Morocco has surged in recent months after France’s decision to slash the number of entry permits granted to Moroccans, Tunisians and Algerians, a move that propelled Morocco’s National Federation of Consumer Rights to intervene demanding compensations for rejected applications. According to French media, visas […]

Headlines Libya

Libya: Haftar’s army announces downing of drone armed with two missiles in Benghazi

The Libyan Armed Forces, led by eastern military leader Khalifa Haftar, announced Monday having brought down on the outskirt of Benghazi a drone armed with two missiles. The Director of the Moral Guidance Department of the self-style army General Command, Major General Khaled al-Mahjoub, in Facebook post, said that air defenses targeted and downed an […]

Asia Business International Tunisia

Japan establishes committee to assist investors in Tunisia

The Japanese ambassador to Tunisia Monday announced the launch of a committee tasked to boost investments and assist Japanese investors in overcoming challenges, mainly administrative red tape. Shinsuke Shimizu made the announcement during a press conference at the chamber of commerce of the North African country, in the build up to the 8th Tokyo International […]

Egypt Finance Headlines

IMF urges Egypt to cancel low-interest loans initiatives as talks enter final phase

The International Monetary Fund (IMF) is calling on Egypt to cancel all low-interest lending initiatives including loans for small- and medium-sized enterprises (SMEs) and businesses operating in the tourism and mortgage sectors, three government sources who asked not be named told Al-Sharq business. The Washington-based institution told the central bank to cancel all low-interest initiatives, […]

Finance International

Riyadh-based Tamara platform raises $100m in Serie B around

Gulf buy now, pay later (BNPL) Tamara platform said on Monday it raised $100 million in a second round of fundraising from investors, including Sanabil Investments, which is owned by Saudi Arabia’s sovereign wealth fund PIF, Reuters reports. The funding will help the company expand in new markets and provide customers with new products and […]

Americas Headlines International Morocco

Army: New US SETAF-AF Commanding General Makes 1st Overseas Trip to Morocco

Gen. Todd R. Wasmund, new commanding General of the U.S. Army Southern European Task Force-Africa, made his first trip abroad to Rabat, showing the strategic importance of the North African Kingdom for the U.S. army. According to press reports, Gen. Wasmund met, during his visit to Morocco this Aug.21-22, Inspector General of the Royal Armed […]

Business Europe Headlines International Morocco

Farming: Morocco, EU’s 1st supplier of tomatoes

Morocco remains the first supplier of the European Union market with fresh tomatoes, confirming its competitive edge and strong strategic partnership sealed the European bloc. In 2021, around 67% of EU fresh tomatoes imports were from Morocco (the largest source of imports), followed by Turkey which increased its share in the EU market (25% in […]

Columns Headlines Mauritania Morocco Opinions

Mauritania uproars over personal comments, observes deafening silence towards Algerian President

The official reaction of the Mauritanian government to personal comments by a Moroccan Muslim scholar stands in stark contrast to the deafening silence towards comments uttered by Algerian President Abdelmedjid Tebboune who is responsible for his country’s foreign policy. Ahmed Raissouni, a former leader of the Islamist MUR and currently head of Qatar-funded International Union […]