Algerian pharmaceutical industry

Sahara: Spain Deals Hard Blow to the Polisario

Spanish Foreign Minister has just dealt a hard blow to the Polisario, saying he supports UN efforts to settle the Sahara conflict and European Union’s agreements with Morocco. He also affirmed that Spain has no legal or administrative responsibility in Western Sahara, deflating thus the Polisario’s claims. The Spanish Socialist Government’s Foreign Minister, José Borrell, […]

Egypt’s path to economic recovery hinges on IMF reforms, fiscal discipline

As Egypt navigates its economic recovery, a notable divergence has emerged between Government projections and IMF estimates regarding public debt reduction. While the Egyptian Government targets a reduction of public debt to 85% of GDP by the end of FY2024/25 and to 80% by mid-2027, the IMF forecasts a slower decline from 92.9% to 73.9% […]

Morocco’s Attijariwafa Bank buys back $290 million of Gabon’s external debt

Attijariwafa Bank has conducted an early buyback of $290 million of Gabon’s external debt, in a transaction that will ease the debt burden in the country and foster its financial stability. The operation represents 50% of Gabon’s Eurobond. It was made by l’Union Gabonaise de Banque (UGB), the local subsidiary of Attijariwafa Bank. The operation […]