In a discovery that has sent shockwaves through the gemstone world, a massive 2,492-carat diamond has been unearthed in Botswana, potentially claiming the title of the second-largest gem-quality diamond ever found. This extraordinary find has not only captivated diamond enthusiasts but also highlighted Botswana’s growing prominence in the global diamond industry. The gem, recovered from […]
Tunisia will soon be receiving the first tranche of the €300 million Macro Financial Assistance (MFA) program that the European Union allocated to the country in May 2014 to help it overcome its financial crisis. The amount is a loan that supports the Stand-by Agreement that was approved by the International Monetary Fund (IMF) in […]
S&P Global Ratings agency maintained Morocco’s ratings at BBB-/A-3 while upgrading its outlook from negative to stable. The stable outlook reflects expectation that fiscal consolidation will continue over the next few years, which will help stabilize debt. “We could raise the rating if budgetary consolidation prospects materially improve or the ongoing transition toward a more […]
