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Morocco appoints new ambassadors to France, EU
King Mohammed VI appointed Mohammed Benchaaboun as Ambassador to France and Youssef Lamrani as Ambassador to the European Union. The decision was announced in a statement following a ministerial council chaired by King Mohammed VI in Fez. Benchaaboun served as a CEO of BCP bank, one of Morocco’s largest lenders, and in 2018 Benchaaboun was […]
Algeria’s Foreign Exchange Reserves to Shrink to $85 bln by end of 2018
The Algerian government has started to feel the heat of the falling oil and gas revenues, as the country’s foreign exchange reserves are expected to further drop to $85 billion at best, barely enough to cover 18 months of imports. The figure was recently announced by Algeria’s finance minister Abderrahmane Raouya who told MPs that […]
SADC Summit Okays Kiswahili as official language
The 39th SADC Ordinary Summit of Heads of State and Government concluded last weekend in Dar es Salaam, Tanzania, by a key language announcement and a commitment to the industrialization of the region. At the summit, member states endorsed Kiswahili as the fourth official language within the SADC community. Regarding industrialization of the […]



