Debt restructuring efforts for Chad and Zambia could be completed by the end of the year, which would pave the way for more countries to seek help, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. Speaking with civil society groups at the start of the annual IMF and World Bank meetings, Georgieva said a […]
Year: 2022
First war crimes trial of Liberian rebel leader opens in Paris
A former Liberian rebel went on trial Monday (10 October) in Paris, charged with “complicity in massive and systematic torture and inhumane acts” against civilians in Liberia’s Lofa County in 1993-1994. As one of the leaders of the Ulimo armed group, now the 47-year-old Kunti Kamara is accused of crimes against humanity, torture and acts […]
IMF: Morocco’s growth to reach 0.8% in 2022 & 3.1% in 2023
Morocco’s economic growth is expected to slow down to 0.8% in 2022 due to adverse international juncture and rebound to 3.1% the following year, says the International Monetary Fund (IMF) in its latest World economic outlook. Inflation is expected to reach in the country 6.2% this year before decreasing to 4.1% in 2023, adds the […]
UK Travel Agents Meet in Marrakesh to Discuss Travel New Landscape
Members of the Association of British Travel Agents (ABTA) are meeting in Marrakesh to discuss the industry issues, challenges and the future of travel & tourism. This year’s ABTA oversea travel convention, taking place from 10 to 12 October in Morocco’s red city, marks a return to in-person meetings after two-years of restrictions due to […]
Gabon: Employers request control of the private pension fund
Henri Claude Oyima, head of Gabon’s private bosses indicated Monday that the country’s struggling National Social Security Fund, CNSS, should be managed by the private sector per recommendations of Inter-African Conference on Social Security (CIPRES). “We are the ones who pay, we think that we have to manage this institution and that the State must […]
UN-Sahara: Experts & NGOs Support Autonomy Plan, Slam Polisario’s Crimes against Women & Children
More international law experts, university professors and human rights militants continue to support, at the United Nations, Morocco’s realistic autonomy plan for the Sahara and denounce the sufferings endured by the sequestered Sahrawis in the Polisario-controlled Tindouf camps, Southern Algeria. Addressing the UN fourth Committee, convening in New York, French expert André Grimblatt said that […]
Poor transport Infrastructure in Africa hinders trade growth — World Bank report
High transport costs across Africa continue to hinder regional integration on the continent since large-scale transport infrastructure investments require huge investments, according to a recent World Bank report titled ‘How Does Infrastructure Support International Trade?’ The World Bank report argues that global trade has contributed to economic growth and poverty reduction in the past three […]
Benin refutes presence of French Barkhane forces
Benin has denied the presence of French troops of Barkhane Operation fighting terrorism in the Sahel region. Wilfried Leandre Hougbedji, spokesperson for the cabinet of the President Patrice Talon, said French forces found at Kandi in the department of Alibori, are French instructors in the country to beef up the ability of Benin forces in […]
Air Senegal scraps Central Africa destinations over low returns
Senegal’s national carrier, Air Senegal has announcement the suspension, from October 30, of flights to Central Africa destinations due to low financial returns. “This decision is justified by the poor financial performance of this triangular route since its launch in March 2021,” the carrier said in a statement. The destinations scrapped are Cotonou (Benin), Douala […]
Zimbabwe’s new mining royalty rule: 50% commodities and 50% cash
Miners operating in Zimbabwe will have to pay some of their royalties in refined metal rather than cash, as the country will hold reserves of gold, diamonds, platinum and lithium, says President Emmerson Mnangagwa. Zimbabwe’s president said the new policy that compels miners to pay half of their royalties in commodities and half in cash […]








