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Tunisian PM to reshuffle cabinet amid tension with parliament leading party
Tunisia’s Premier Elyes Fakhfakh Monday said he would in the next coming weeks shake up the government amid open dispute with the parliament majority party, Ennahdha, which has called for his replacement over an alleged conflict of interest. Statement from Fakhfakh’s office said the head of the government went lengths over the past week to […]
Angola: new Cabinda oil refinery secures funding led by Gemcorp, AFC, Afreximbank
Gemcorp Holdings Ltd. (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of Cabinda Oil Refinery in Angola with a US$335-million project financing facility. The announcement comes as the project spearheaded by Gemcorp, a UK-based asset management company, to build a refinery in Angola has been well behind schedule, […]
IMF Hails Morocco’s Improving Business Environment
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 […]



