Omar zniber Geneva

Algeria Resorts to Time-buying Measures to Stave off Bankruptcy

As it heads straight to insolvency, Algeria insists on shunning foreign debt as it resorts to unconventional measures involving the Central Bank money printing to delay an impending bankruptcy in the absence of genuine reforms. After Algerian Prime Minister Ahmed Ouyahia announced a five-year plan to reduce his country’s ballooning budget deficit by borrowing directly […]

Findev Canada approves €20mln loan to boost agri-food, renewable energy in West Africa

Canada’s development financial institution, Findev Canada, has approved recently a €20mln loan to the West African Development Bank destined to boost agri-food and renewable energy in West Africa. The loan is the very first agreement between the Canadian financial institution and the West African Development Bank. It will increase financing for agri-food businesses and the […]

Rabat, Dakar Gear Up Cooperation, Giving Momentum To South-South Partnership

Morocco and Senegal are two old friend countries boasting an enduring and special relationship based on the values of freedom, democracy, enterprise and mutual respect. The two countries are busy working building a modern and model South-South partnership tackling shared challenges and promoting mutual prosperity. King Mohammed VI paid several visit to Senegal wherein he […]