algeria-imf

Kenya calls on Africa to use PAPSS to ditch US dollar in trade deals

Kenya’s President William Ruto has called on African leaders to take first steps towards ditching the US dollar as the world’s reserve currency by adopting a pan-African payments system to facilitate trade within the continent. Ruto has urged his African counterparts to mobilize central and commercial banks to join the Pan-African Payments and Settlement System […]

King Mohammed VI Meets UN Envoy for Sahara

King Mohammed VI received on Tuesday at the royal palace in Rabat the personnel envoy of the UN Secretary-General for the Sahara, Horst Köhler, who visited Morocco as part of a regional tour including Tindouf, Algiers and Nouakchott. Horst Köhler, a former president of Germany, also met Prime Minister Saâdeddine El Othmani and Foreign Minister […]

North Africa: Creating Jobs for Millions of Young People Remains Daunting Challenge

The modest economic growth made by North African countries during the past decade preceding the Arab Spring did not help them to create enough jobs for the young. In this region, the unemployment rate among the 15 to 24 year-old age group is on average 23 pc, which is three to four times higher than […]