Fitch Ratings

Mauritania: Towards reduction of prices of certain staple foods

The Mauritanian Ministry of Commerce announced a new memorandum of understanding with the Federation of Commerce, aimed at lowering the prices of essential foodstuffs. This agreement seeks to alleviate the financial strain on Mauritian consumers by stabilizing the cost of basic groceries amid challenging economic conditions. According to the Ministry’s statement, the new pricing concerns […]

Tunisia to benefit from AfDB program to promote investment in decentralized renewable energy

Tunisia will benefit from the African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF) program to promote investment in decentralized renewable energy backed by the Green Climate Fund. With a commitment of $164 million, the Abidjan-based bank will help scale up decentralized renewable energy (solar home systems, green mini-grids, and solar solutions for commercial […]

Bilateral cooperation at focus of phone call between Moroccan, Israeli Foreign Ministers

Moroccan and Israeli Foreign Ministers, Nasser Bourita and Gabi Ashkenazi had a phone talk on Tuesday that focused on cooperation between the two countries. The two officials discussed bilateral cooperation agreements between Morocco & Israel and regional issues of mutual interest, the Israeli Foreign Minister said in a tweet.   “I had a warm and […]