IMF urges African economies to tap into domestic financial markets to reduce reliance on foreign debt

The IMF urged African and other emerging economies to develop domestic financial markets to reduce reliance on volatile external borrowing. In its April 2025 Global Financial Stability Report, the IMF warns that high real interest rates globally have made external financing more expensive and less accessible, especially for frontier markets in Africa. Tunisia was identified […]

MONUSCO Honors Moroccan Contingent Deployed in DRC

The United Nations Organization Stabilization Mission in the Democratic Republic of the Congo (MONUSCO) has honored Moroccan peacekeepers deployed in the country in a ceremony held on Tuesday in Kananga. MONUSCO forces commander Brazilian Lieutenant General Elias Rodrigues Martins Filho handed the Moroccan contingent medals of merit in recognition of their “commendable services” within the […]

Algeria- 2016 budget: Finance Minister calls for vigilance

A day after Prime Minister Abdelmalek Sellal stated that the economy was going through a difficult juncture and stressed the need to adopt a long term growth vision, Finance Minister Abderrahmane Benkhalfa told the parliament that taxes and import duties could be increased and energy subsidies could be removed and that vigilance is required in […]