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French Credit Insurance Company Coface has downgraded Algeria ratings to C, the lowest grade, over serious concerns of social frustrations boiling in the oil-producing country wherein high risks of social turmoil are exacerbated by the volatility of oil prices. The Algerian growth “slowed in 2017 due to the state’s dwindling financial resources and public spending […]
Libyan Parliament Advances Bid for Pan-African Parliamentary Leadership
On Sunday, April 19, the Second Deputy Speaker of the House of Representatives, Misbah Douma, convened a high-level meeting with the Chairman of the Foreign Affairs and International Cooperation Committee, Yousef Al-Aqouri, and Member of Parliament Yousef Kamoud Al-Fakhri. Senior officials, including the Head of the House’s Office, Rasmi Balrouin, and the Director of the […]
Morocco starts giving subsidies to transport professionals
The Moroccan government started distributing subsidies to professionals in the transport sector to help mitigate the impact of the surge in energy prices on the purchasing power of citizens, marking a U-turn in its subsidies policy. This aid will benefit 180,000 professionals in different transport sectors including taxis, trucks, buses, inter-city travel and tourist transport. […]



