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Morocco successfully sells 1 billion euro in dual-tranche bond
Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectively, in a deal that reflects the trust enjoyed by the country among international financial institutions despite the difficult context of the pandemic. Demand on the bond […]
AfDB warns of 25 African countries facing debt risks, as IMF approves loans to Zambia, Senegal
The rise in cost of debt servicing has led to 25 countries in Africa being at risk of either high debt distress or in-debt distress, African Development Bank (AfDB) Group president has warned, just as the International Monetary Fund (IMF) has approved billion-dollar loans to Zambia and Senegal. AfDB chief, Akinwumi Adesina, said African markets […]
Algeria’s Bouteflika Scorns France, Goes to Geneva for Medical Checkup, Tension Heats up
The Algerian ailing leader has been flown Sunday for medical checkup in Geneva instead of France where he often gets treated. Analysts suggest recent tweet by France Premier Manuel Valls showing an ailing Abdelaziz Bouteflika and jibes from French media may explain the choice of Geneva. The choice of Geneva, according to analysts and media, […]



