Senegal proposes diaspora bank to enhance investments, lower transfer costs

Senegal’s Prime Minister Ousmane Sonko revived last week a proposal to create a bank dedicated to the Senegalese diaspora. This initiative aims to channel the significant funds sent home by Senegalese expatriates into impactful and sustainable projects, reported Ecofin agency. The diaspora sends over $2.9 billion annually to Senegal, representing about 12% of the country’s […]

EP Resolution: Morocco’s development, strong presence are disturbing (French Pundit)

The recent resolution of the European Parliament is part of the attacks on Morocco by those who are disturbed by the development, prosperity and strong regional and international presence of the Kingdom, said Charles Saint-Prot, director general of the Paris-based Observatory of Geopolitical Studies (OEG), created in 2004. “It is all the same mind-boggling to […]

Algeria Lags Behind in World Economic Freedom Report 2017

Algeria has been ranked among the 10 worst performing countries in the 2017 Economic Freedom of the World Report taking the 156th place among 159 nations. Algeria was ranked among the 10 lowest-rated countries in the report on a par with Iran, Chad, Myanmar, Syria, Libya, Argentina, the Republic of the Congo, the Central African […]