erdogan_in Algeria

Fitch Ratings highlights Morocco’s resilient liquidity in wake of earthquake

Fitch Ratings has released a note recognizing the impact of the earthquake on Morocco’s fiscal deficit while reassuring remittances from Moroccans abroad and the IMF’s credit lines would offset liquidity concerns. The earthquake that struck late on September 8 killed some 3000 people and destroyed nearly 60,000 homes in the High Atlas Mountains. Morocco has […]

Russia re-opens embassy in Burkina Faso after nearly 32-year absence

Russia has re-opened its Embassy in Burkina Faso’s capital Ouagadougou, nearly 32 years after shutting down the mission. This comes amid growing ties between the two countries. Russia’s Ambassador to Côte d’Ivoire and Burkina Faso, Alexei Saltykov witnessed the ceremony alongside his host, Burkina Faso’s top diplomat, Karamoko Jean Marie Traore. The Russian diplomat underscored […]

Mauritania suspends digital transfer point services amid regulatory concerns

The Mauritania Digital Transfer Points Association on Wednesday announced a temporary and organized suspension of withdrawal, deposit, and transfer services, citing recent measures linked to electronic transaction regulations. The association said the move was not directed at banking partnerships but aimed at safeguarding the sector and ensuring the delivery of financial services under safe and […]