US-drone

Former Algerian Minister Warns of Looming State Collapse in 2019

The combustible material is piling up in Algeria, which has become a tinderbox waiting to explode as the country finds itself in a situation reminiscent to the crisis that unleashed the black decade (1991-1999) in the country, warned former Algerian treasury minister Ali Benouari. The Algerian regime is used to downplay such grim predictions by […]

Somalia: scores killed in al-Shabab bomb attack on Mogadishu mayor’s office

Somali government forces have ended an al-Shabab siege of the Mogadishu mayor’s office and other local government facilities after the al-Qaida-linked extremists stormed the compound in the capital city Sunday January 22. Somalia’s Ministry of Information said, in a statement, security forces shot dead six al-Shabab fighters behind Sunday’s attack on the Banadir Regional Administration […]

Bank Al-Maghrib & IMF Extend Investment Agreement

Morocco’s central bank (Bank Al-Maghrib ) has agreed to extend its investment agreement for the benefit of the Poverty Reduction and Growth Trust (PRGT) until 2022 in support of IMF’s concessional lending to low-income member countries. The International Monetary Fund (IMF), as Trustee of PRGT, has amended its 2012 investment agreement with Bank Al-Maghrib, through […]