US Deputy Secretary of State in angola

Political Meltdown in Algeria as President Appoints New Prime Minister

Algeria is in the midst of a new political meltdown, with the sacking of the Prime Minister Abdelmajid Tebboune who was replaced by the regime’s henchman Ahmed Ouyahya. Characterized by opacity, the Algerian regime is facing a new turmoil. Three months after the living-dead President Abdelaziz Bouteflika appointed Tebboune, the latter was dismissed after showing […]

Moroccan Banks: Profits hit MAD 3.4 billion in 2019 first quarter

At the end of the first quarter of 2019, Morocco’s banking sector posted a 6% increase in profits compared to last year, with 3.4 billion dirhams (MAP). The first three months of the year 2019 were favorable for the banking sector, states local daily, l’Economist, in its Monday issue. Overall income of the banking sector […]

EBRD Supports Tunisian SMEs with €5 Mln Loan

The EBRD is strengthening the competitiveness of small firms in Tunisia by increasing the availability of funds, with a €5 million loan to Compagnie Internationale de Leasing (CIL). Access to finance and liquidity constrain the growth of many private businesses in the country. Micro, small and medium-sized enterprises are the core of the Tunisian economy, […]