fish-boats

Moody’s downgrades Tunisia’s ratings to B3 with negative outlook

New York-based credit rating agency, Moody’s, Tuesday downgraded Tunisia’s long-term foreign-currency and local-currency issuer ratings to B3 from B2 with negative outlook.   “Moody’s has also downgraded the Central Bank of Tunisia’s senior unsecured rating to B3 from B2 and the senior unsecured shelf rating to (P)B3 from (P)B2, and maintained the negative outlook. The […]

Safran expands its aircraft nacelle production in Morocco to meet growing demand

Safran Aerospace group has extended its aircraft nacelles production site in Casablanca. The 6,000 m2 expansion will enable the group to step up the production of the high-end Gulfstream G700/G800 business aircraft nacelles. Safran has invested €11 million in the site, which integrates the highest standards in the aviation industry. It thus becomes Safran’s reference […]

Mali lifts ban on political activity

Mali’s military rulers allowed political parties and the civil society to resume normalcy after a ban that was imposed in April. “The government decided to lift the suspension that barred political parties and the activities of political associations,” said a statement from the council of ministers. In August 2020, the Malian army staged a coup […]