COVID-19: IMF approves debt relief for 25 countries, including 19 in Africa

The International Monetary Fund on Monday announced a plan to provide immediate debt relief to 25 member countries, including 19 African states to allow them to focus more on the coronavirus pandemic. According to the IMF Managing Director Kristalina Georgieva, the Washington-based institution approved the first batch of countries to receive grants, under its Catastrophe […]

Ailing Bouteflka to officially run for fifth term

The ruling FLN party has ended suspense by naming President Bouteflika as its candidate for a fifth term in April 18 elections. The move comes after parties in the government coalition voiced support for a fifth term of the 81-year old president who has not spoken in public since suffering a stroke in 2013 that […]

Morocco, Mauritius, SA hailed as Africa’s most innovative countries in 2022

Morocco, Mauritius and South Africa are ranked as the most innovative African countries as they have significantly moved up closer to developed economies in the rankings over the past few years. The 15th edition of the Global Innovation Index released recently by the World Intellectual Property Organization (WIPO) has highlighted Africa’s success in 2022 noting […]