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Libya’s division, bureaucracy hinder investment flow- State Department

Division of state institutions, bureaucracy, and corruption were key obstacles to promoting foreign direct investments in war-torn Libya, despite the country’s colossal need in terms of infrastructure and economic diversification, the US State department said. “Despite the high potential for domestic and foreign investment in Libya due to its reconstruction needs, unmet consumer demand, and […]

Morocco’s central bank asks banks to freeze distributing dividends

Morocco’s Central Bank, known as Bank Al Maghrib, asked banks not to pay 2019 dividends to shareholders in order to boost their capacity to dealing with the coronavirus repercussions. This recommendation comes after a series of measures including boosting three-fold bank’s refinancing capacity and measures to make loans more accessible for households and companies, the […]

Alliance of Sahel States’ Joint Anti-Terror Force to Counter Algeria-Backed Extremist Groups

The joint anti-terror force recently set up by the Alliance of Sahel States, made up by Burkina Faso, Mali, and Niger, is primarily meant to respond to the destabilizing operations of the Algerian regime in the region. The establishment of the joint military force, dubbed the “United Force of the Alliance of Sahel States” and […]