Ghassan Salamé

Algeria’s deepening domestic and diplomatic crises impact currency

Following years of unending diplomatic crises and worsening economic conditions at home, Algeria’s currency has fallen to unprecedented levels against the Euro in the country’s black market, the genuine metric for the country’s financial health. Demand on foreign currencies as an investment option surged due to uncertainties caused by the regime’s policies both at home […]

Only 430,000 tourists visited Morocco in first quarter

Morocco’s tourism sector still reels under the impact of the pandemic with a drop in arrivals to 430,000 tourists in the first quarter of 2021, down 78% from last year, and plummeting revenue to 5.3 billion dirhams, Morocco’s tourism minister Nadia Fettah Alaoui said. The impact of the global health crisis on tourism in Morocco […]

180 million Africans to benefit from World Bank’s $2.5B program to boost inclusive digitalization

The World Bank has launched a new $2.48 billion program that aims to improve internet adoption rates and infrastructure coverage gaps for more than 180 million people across eastern and southern Africa. The Inclusive Digitalization in Eastern and Southern Africa (IDEA) Program, launched recently, will focus on tackling common digital challenges including low internet coverage […]