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France: “We are at war” Holland

French President Tuesday declared France at war following Islamist attack on a church at Saint-Etienne-du-Rouvray which left the priest assassinated. Francois Holland on visit to the scene of the attack also announced that the Islamic State (IS) group has declared war to France. “We are in front of a group, Daech that has declared war […]

Algeria: IMF Predicts Economic Stagnation

IMF’s economic predictions for Algeria augur no growth for 2016 while forecast for 2017 signals further slump in the country’s economy with GDP expected to go down to 2.9 per cent, with payment balance estimated at 16.2 per cent of the GDP. 2016 predictions for growth of the Algerian economy according to the International Monetary […]

AfDB: Morocco’s Economic Growth to Increase to 3.9 in 2021

The African Development Bank (AfDB) expects Morocco’s economic growth to reach 3.7 pc in 2020 and 3.9 pc in 2021 from a 2.9 pc growth posted last year. In its African Economic Outlook 2020 report, the African bank says the projected GDP in Morocco is supported by the sustained efforts made to improve macroeconomic conditions […]