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Turkish President Urges Algeria to Lift Import Restrictions
Turkish President Recep Tayip Erdogan urged Algerian authorities to lift the import restrictions and quotas it has imposed in a bid to curb the surging imports bill and consequently delay the depletion of its foreign reserves. Erdogan, who paid a three day visit to Algiers as part of an Africa tour, told the Turkish-Algerian business […]
Morocco cancels customs duty on oilseeds
Morocco has canceled customs duty on oilseeds and other ingredients used for table oil in order to deal with skyrocketing prices. The decision was announced by the government spokesman Mustapha Baitas following the weekly cabinet meeting Thursday. The decision aims to alleviate the financial burden on households as the price of cooking oil is set […]
Paris Club creditors cancel $1.4Bln of Somalia’s debt
The Paris Club of creditor countries have agreed to restructure Somalia’s external public debt with an immediate cancellation of $1.4 billion. The decision cancels 67% of the debts owed to Paris Club by Somalia. Several of Somalia’s Paris Club creditors, including the United States, the UK and Norway, as well as the World Bank and […]



