Khalifa haftar

Algeria: Banks to re-schedule Coronavirus-hit companies’ loan instalments

Algeria’s central bank Tuesday issued a stimulus package including ability for retail lenders to defer loan payments for firms, which have been financially affected by the coronavirus crisis. Banks will continue to finance customers benefiting from loan payment deferrals, while reducing their minimum liquidity requirement to raise funding levels. The North African country has been […]

African, Foreign Leaders Promote South-South Cooperation at Crans Montana Forum in Dakhla

The Pearle of the Moroccan Sahara, Dakhla, is hosting for the fourth time the Crans Montana Forum which brings together African and world leaders to discuss means to promote south-south cooperation in the continent. Over 1,000 guests and senior officials representing more than 100 countries are partaking in the event to exchange ideas on sustainable […]

New dawn for Ghanaian, Ivorian cocoa farmers

Côte d’Ivoire and Ghana – the world’s top two cocoa producers – have teamed up to impose a minimum floor price for Cocoa beans. The two West African countries are working together to address the unfavorable global cocoa pricing regime to reduce the vulnerability of both nations to the volatility of the markets, Ghana’s President […]