Africa Investment Forum Ambassador Youssef Amrani in Johannesburg

Moroccan Jewish community celebrates Rabbi Eliezer Davila’s Hiloula

Several hundred members of the Moroccan Jewish community gathered last week at the Israelite cemetery in Rabat, to celebrate the Hiloula of Rabbi Eliezer Davila. This annual religious meeting celebrates the venerated Saint Rabbi Eliezer Davila, who was born in 1714 in salé, Rabat’s twin city, and who died in 1761. He was buried in […]

Algeria: “No need for foreign stimulus package to overcome financial crisis”, Finance Minister

Algerian Finance Minister declared Sunday that despite current economic down-turn of the Algerian economy due to acute collapse of oil price, Algeria does not need foreign intervention to balance its budget, saying that the government will lean on domestic economic potential to keep its head above water. “Algeria does not need foreign debt, it needs […]

Tunisia’s autocrat curbs central bank independence

Tunisia’s president Kais Saied extended his power grab to the central bank, undermining the independence of the monetary policy in a country that suffers from an aggravating fiscal and economic crisis. Saied made the statement as he seeks direct financing of the state budget by the central bank, a move many economists warn would further […]