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Guinea’s regime tightens grip, suspends main opposition parties ahead of referendum

With just weeks to go before a highly contentious constitutional referendum, Guinea’s ruling military regime has suspended the country’s three largest opposition parties for 90 days, effectively silencing dissent ahead of a pivotal vote on 21 September. The suspended parties include the Rally of the Guinean People (RPG) of ousted president Alpha Condé, the Union […]

Foreign Investors Continue to Dodge Algeria

Foreign investment in Algeria plummeted to $1.2 billion in 2017, a drop of 26 per cent compared to 2016, according to the UN Conference on Trade and Development (UNCTAD). The figures show Algeria’s perceived unfriendliness among foreign investors who are expecting genuine reforms that inspire confidence instead of superficial measures. In the Doing Business Index, […]

Fears of soaring oil prices drive Casablanca market into turmoil

Casablanca’s stock market has endured two weeks of turbulence after the outbreak of the war in the Gulf triggered fears of soaring oil prices and a return of runaway inflation. Casablanca’s reaction has been sharper than in several regional markets with greater direct exposure to the conflict. Between February 20 and March 3, Egypt’s exchange […]