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Algeria’s Foreign Exchange Reserves to Shrink to $85 bln by end of 2018
The Algerian government has started to feel the heat of the falling oil and gas revenues, as the country’s foreign exchange reserves are expected to further drop to $85 billion at best, barely enough to cover 18 months of imports. The figure was recently announced by Algeria’s finance minister Abderrahmane Raouya who told MPs that […]
Public-Private Partnerships in Africa: Leaders emerge, others struggle
A clear divide has emerged in Africa’s public-private partnership (PPP) landscape, with five nations, including Morocco and Egypt, establishing themselves as continental leaders while others face significant challenges in attracting and managing private investment for public infrastructure. Morocco, which is part of the leaders’ tier, has developed a holistic strategy centered around landmark achievements in […]
Canary Island seeks closer ties with Morocco
Head of the autonomous Canary Islands region, Fernando Clavijo, said his government subscribes to the declaration of April 2022, which ushers a new era in Moroccan-Spanish ties. The declaration set the path for a new era in Spanish-Moroccan relations with the recognition of the autonomy plan under Moroccan sovereignty as “the solution” to the regional […]



