bank_al-maghrib

Euro hits record high on Algeria’s black market amid currency crisis

The euro surged to a new historic high on Algeria’s black market in November, trading at up to 27,450 dinars for a 100-euro note, marking a deepening pressure on the informal currency exchange system. Buyers are offering between 27,050 and 27,150 dinars, widening the gap between buying and selling rates, Algerian outlet Maghreb Emergent reported. […]

African ‘transition states’ at crossroads: experts call for reforms, innovation, and investment

Leading African economists and policymakers have sounded the alarm on the urgent need for governance reforms, domestic resource mobilization, and strategic partnerships to transform the continent’s fragile “transition states” from crisis to growth. Speaking at a recent high-level policy dialogue during the 66th Annual Conference of the Nigerian Economic Society, experts emphasized that 24 African […]

Nigeria: Akwa Ibom State, OCP Africa, NSIA Set to Promote Cooperation in Agricultural Sector

Strengthening cooperation in the field of agriculture was at the heart of recent discussions between Akwa Ibom State, in southeastern Nigeria, OCP Africa, a subsidiary of the OCP Group, world leader in the production and export of phosphates, and the Nigeria Sovereign Investment Authority (NSIA). The strategic meeting was held at the request of the […]