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Algeria Continues to Reel under Impact of Oil Prices Fall-IMF
Despite a sizable fiscal consolidation in 2017, the fiscal and current account deficits remain large in Algeria, which continues to face important challenges posed by the fall in oil prices four years ago, the IMF said. The fall in oil revenues was mostly felt in Algeria’s reserves which fell by $17 billion to $96 billion […]
Senegal’s ruling Pastef party secures large majority in Parliament
The National Commission for the Counting of Votes has officially announced on November 21 the results, confirming a landslide victory for Ousmane Sonko’s Pastef party. Pastef secured 130 out of 165 parliamentary seats, far exceeding the 3/5 qualified majority it aimed for, now controlling 78% of the legislature. This historic win includes victories in 40 […]
Guatemala opens consulate in Morocco’s Saharan city of Dakhla
Guatemala opened this Thursday a Consulate in Dakhla, pearl of the Moroccan Sahara, joining the countries recognizing Morocco’s sovereignty over its Saharan territories and dealing a hard blow to the enemies of the North African Kingdom. The inauguration ceremony was presided over by Guatemala’s Foreign minister Mario Adolfo Búcaro and the wali of the region […]



