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Madagascar: Central Bank Chief resigns, successor named

Henri Rabarijohn, the governor of Madagascar’s Central Bank (BFM)) has stepped down from his position on health conditions ground. President Andry Rajoelina has accepted the resignation of Rabarijohn who, according to a statement from the cabinet, stepped down due to health issues and wants to leave the country for treatment abroad. The Malagasy leader appointed […]

Mauritania’s President on a private visit to Rabat

President Mohamed Ould Cheikh El Ghazouani of Mauritania flew from capital Nouakchott to Rabat on Wednesday evening, reported the Mauritanian News Agency AMI. The Mauritanian President’s trip to the Moroccan capital, falls within the framework of a “private visit,” said the agency, without disclosing additional details about the nature or agenda of the trip. It […]

Algeria’s Sonatrach Struggles to Contain Brain Drain

State-owned oil and gas company Sonatrach, the backbone of Algeria’s economy, is reeling under an acute brain drain as its recent discoveries fail to offset the decades long depletion of the country’s hydrocarbon resources. The company has lost 16,000 of its brilliant minds in the last eight years deplored Sonatrach officials in statements to Algerian […]