Does Algeria still have cash to buy social peace?

The Algerian military regime which has been ruling behind a thin civilian curtain has long used its gas and oil money to buy social peace and quell dissent. But, with the fall in oil prices and the depletion of state coffers, Algerian citizens felt the pain of a dwindling purchasing power which augurs ill for […]

Morocco unveils draft law on cryptocurrencies

Morocco has taken a significant step toward regulating its crypto asset market with the release of a draft law that outlines rules, actors, and safeguards for digital assets. Published on the website of the General Secretariat of the Government, the draft is open for public comment after it was prepared by the finance ministry in […]

EIB supports microcredit activity in Morocco with €10 million

The European Investment Bank (EIB) will support income-generating microcredit activities in Morocco with a €10 million loan. The loan to be extended to the financing company of microfinance organizations “Jaida” will strengthen the company’s capacity to finance microfinance institutions in Morocco and support its action meant to promote financial inclusion and social development, said a […]