French Credit Insurance Company Coface has downgraded Algeria ratings to C, the lowest grade, over serious concerns of social frustrations boiling in the oil-producing country wherein high risks of social turmoil are exacerbated by the volatility of oil prices. The Algerian growth “slowed in 2017 due to the state’s dwindling financial resources and public spending […]
The International Monetary Fund has praised Morocco’s business environment, which continues to improve, particularly with the activation of the Competition Council and the implementation of a new financial inclusion strategy that will help promote competition and support the development of SMEs. Improved fiscal management and economic diversification have strengthened the resilience of Morocco’s economy, said […]
Hundreds of Congolese marched to the British and French consulate earlier this week, carrying banners calling out the “international community’s ambiguity” in the face of the M23 (March 23) rebels. The demonstration took place after a meeting in Luanda where the Democratic Republic of Congo (DRC), Burundi, Rwanda as well as the East African Community […]
