Nigerian Muhammadu Buhari

IMF Supports Tunisia with $2.9 Bln Credit Line

The International Monetary Fund (IMF) has approved a $2.9 billion Extended Fund Facility (EFF) for Tunisia to help the country carry out its economic and financial reform program. This program aims at promoting stronger and more inclusive growth by consolidating macroeconomic stability, reforming public institutions, facilitating financial intermediation and improving the business climate. According to […]

Algeria: Raft of Dismissals Continues, Chiefs of Air & Ground Forces Fired

President Abdelazize Bouteflika who also doubles as the country’s Defense Minister has fired commanders of air and grounds forces amid an ongoing overhaul of the army and security top apparatus. Major-General Hassan Tafer, commander of Algeria’s ground forces was sacked on Monday and replaced by Major-General Said Shankarikha. Air Force Commander Major-General Abdul Qader al-Wannas […]

Baltimore-based Laureate Education to Sell Casablanca Private University for $53.6 mln

Laureate Education, a Baltimore-based company, said it will sell its university in Morocco, Université Internationale de Casablanca, for $53.6 mln to KMR Holding Pédagogique, a company that owns the Private University of Marrakech and invests in education in west Africa. The Université Internationale de Casablanca, which opened in 2010, is one of the few state-recognized […]