Credit rating agency Moody’s downgraded Tunisia’s credit rating to B2 against the backdrop of deteriorating fiscal situation, complicating the government’s plans to borrow from international lenders. Moody’s cut Tunisia’s rating by one notch to B2– five levels below investment grade and on a par with Argentina, Nigeria, Cameroon and Kenya. Moody’s rating downgrade will complicate […]
King Mohammed VI received this Wednesday at the Royal Palace in Rabat, the members of the government following a mid-term reshuffle that witnessed the appointment of 14 new comers, including 6 secretaries of State. The newly appointed ministers will hold the portfolios of education, higher education, health, agriculture, transport, and solidarity, social integration and family. […]
France-based power company Schneider Electric has signed a Memorandum of Understanding with Nigeria-based EM-ONE Energy Solution to build an industrial platform and create an indigenous manufacturing supply chain across the continent. The agreement aims to support Schneider Electric in optimizing project structuring; supporting the development of an industrial platform and ensure licensed manufacturing, the company […]
