The Kingdom of Morocco will issue out COVID-19 vaccines for free to all citizens, following a decree by the country’s ruler King Mohammed VI. The North African country is among a few in the continent that have purchased or made plans to buy COVID-19 vaccines. Prime Minister Saad Dine El Otmani told reporters last month…
The International Monetary Fund (IMF) has confirmed Zambia formally requested assistance to navigate a debt crisis. Zambia became the first pandemic-era sovereign debt default in the continent last month, after it failed to pay a $42.5 million coupon on one of its Eurobonds. The government had earlier indicated it would seek help from the IMF…
The World Bank has urged Nigeria to strengthen reforms of its currency – the naira – before it can approve a $1.5 billion loan, its country director said on Thursday. Africa’s largest economy is badly in need of the financial support to survive its worst economic recession in 33 years, largely attributed to a drop…
For 45 years, they have been stateless. And now U.S. President Donald Trump says they should never have a state in the future. Late on Thursday, news broke out that Morocco had agreed to normalize ties with Israel, a deal that many termed “historic.” And yes it is. For many, this is a rare moment…