Algeria to Privatize Banks in Response to Oil Price Slide

State-owned banks in Algeria will soon be allowed to list in the stock exchange as Algiers continues to stumble in the aftermath of the plummeting oil prices. The privatization of the state-owned banks is an attempt by the Algerian government to promote its underdeveloped banking sector and diversify sources of revenue after the drop in […]

Morocco’s King inaugurates psychosocial rehab Center in Casablanca

King Mohammed VI on Wednesday inaugurated the Psychosocial Rehabilitation Center as part of Casablanca’s Ibn Rochd University Hospital. This project, carried out by Mohammed V Foundation for Solidarity, illustrates, once again, the special interest the Sovereign takes in the promotion of the health sector in Morocco. The King took the opportunity to visit various departments […]

African govts seek robust crypto regulation, market stability

Home to the second most crypto-currency holders in the world, Africa is in urgent need for greater consumer protection and regulation of the crypto industry, experts say, which has been highlighted by the collapse of the world’s third largest crypto exchange FTX and subsequent plunge in the prices of major crypto assets, most notably Bitcoin. […]