Moroccan finance Minister Fettah_alaoui-wb vice presiden t for mena region Ferid-Belhaj

Algeria: Interim President sets presidential election on December 12

Algeria’s Interim President Abdelkader Bensalah has announced December 12 as the date of presidential elections after army and protests forced former leader Abdelaziz Bouteflika to step down early April. Bensalah announced the date in a speech on Sunday as he also dismissed the Secretary General of the High Independent Authority for Election as part of […]

Morocco successfully sells 1 billion euro in dual-tranche bond

Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectively, in a deal that reflects the trust enjoyed by the country among international financial institutions despite the difficult context of the pandemic. Demand on the bond […]

Muslims across Africa celebrate Eid al-Adha amid conflict, soaring inflation

Millions of Muslims across Africa are celebrating Eid al-Adha — or “The Feast of the Sacrifice” — a religious festival that honors the act of sacrificing what they hold dear to express their devotion to Allah. But this year, in parts of Africa, Eid celebrations are marred by rising inflation, raging wars, and refugee crisis. […]