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Algeria’s Tebboune in denial as currency continues its free fall
Algeria’s President Tebboune has sought to play down the dire financial and monetary conditions in the country as the currency plunged to a historic low, trading at 290 dinars per euro on the informal market. This collapse signals a deeper structural crisis in an economy crippled by hydrocarbon dependency, corruption, and chronic mismanagement. The dinar’s […]
New WB $300 million loan to support Moroccan municipalities’ performance, service delivery
The World Bank’s Board of Executive Directors has approved a $300 million loan (€271.8 million) to support the strengthening of Morocco’s municipalities, an objective that is part of the Kingdom’s broader efforts to upgrade urban services and turn urban conglomerations into engines of growth and job creation. The Municipal Performance Project aims to build capacity […]
Death toll rises to 12 after migrant boat sinks near Casablanca
The sea continues to reject the bodies of victims of a tragedy that occurred last Saturday, when a dinghy, carrying more than fifty candidates for illegal emigration, capsized off Mohammedia’s coast, near Casablanca, local authorities said. Moroccan authorities Monday recovered five more bodies of drowned migrants near Casablanca, bringing the total death toll to 12 […]


