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Moody’s downgrades Tunisia’s ratings to B3 with negative outlook

New York-based credit rating agency, Moody’s, Tuesday downgraded Tunisia’s long-term foreign-currency and local-currency issuer ratings to B3 from B2 with negative outlook.   “Moody’s has also downgraded the Central Bank of Tunisia’s senior unsecured rating to B3 from B2 and the senior unsecured shelf rating to (P)B3 from (P)B2, and maintained the negative outlook. The […]

Morocco Largest Tourism Market in Africa- RTBF Says

With $5.8 billion in tourism revenues, Morocco stands out as the country with the largest tourism market in Africa, said the public broadcasting organization of Belgium’s French community, RTBF. “By the end of November, Morocco earned $5.8 billion of tourism revenues which put it on top of the ranking of Africa’s leading tourist destinations,” said […]

France mulls ending visa-free entry for Algerian diplomats, officials

France is considering imposing visa requirements on holders of Algerian diplomatic passport, amid a brewing crisis that prompted French officials to vow to retaliate against what they considered as a series of Algerian disrespect, which included arbitrary arrests of a dual-national novelist, instigation of diaspora, and refusal to admit nationals expelled from France for spreading […]