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Algeria: Bouteflika Sues Le Monde over Panama Papers Scandal
The Algerian President has launched a lawsuit against French Paper le Monde for having published in April on its front page a picture of the Algerian President at the side of world leaders cited in the Panama Paper leaks. President Bouteflika’s lawyers have reportedly demanded €10,000 for compensation for moral prejudice suffered by the Algerian […]
Morocco spearheads collective efforts in favor of Africa’s financial resilience to global crises
Morocco has hosted within four weeks three key events to leverage resources and spur joint action in favor of Africa’s financial resilience in the face of overlapping crises. Last month, Morocco hosted a meeting of African Union finance ministers to discuss common challenges and how to maintain steady funding for the continental organization. The same […]
IMF approves $1.3bn loan for debt-stressed Zambia
Zambia, the first African country to default on its debt in the COVID-19 era, has won International Monetary Fund board approval for a $1.3bn support package, an important step towards the nation restructuring its debt and a boost for the global effort to help indebted developing nations. The lending plan — an Extended Credit Facility […]



