Morocco’s central bank has bought $471 million of excess foreign currency from the local market to absorb excess and ensure the good functioning of the market. The central bank said in a statement that it will maintain hard currency auctions as long as necessary depending on the evolution of the foreign exchange market. In recent […]
On Sunday August 27, 2023, the leader of Zimbabwe’s opposition, Nelson Chamisa, challenged the re-election of outgoing President Emmerson Mnangagwa, officially announced the day before, and claimed victory, following an election with numerous shortcomings, the regularity of which has been called into question. “We won this election. We are the leaders. We are even surprised […]
Algeria’s military regime has hit a new low in its response to a World Bank report warning of worsening poverty and bleak economic prospects in the country. In a 60-page report, the World Bank pointed to a series of dysfunctions in the oil and gas reliant Algerian economy which augur ill for the country’s economic […]
