Morocco to accelerate its digital strategy

Morocco’s Digital Development Agency (ADD) approved a new roadmap, action plan, and budget during its seventh board meeting to accelerate the country’s digital transformation The meeting focused on the continued rollout of Digital Morocco 2030, a national strategy designed to position the Kingdom as a leading regional digital hub with strong innovation capacity. The plan […]

Libya: Freeze Libyan sovereign fund till unification, Breish

Abdul Magid Breish, once the undisputed leader of the Libyan Investment Authority (LIA), has warned that the country’s $67 billion sovereign wealth fund should continue to be frozen “until we have total stability.” Four chairmen are claiming to be representing LIA for the past two years but Breish stressed that the two rival governments and armed […]

Algeria proceeds to urgent spending cuts to delay bankruptcy

Time and money are running out for Algeria as it eats into its foreign reserves trying to avert the inevitable: bankruptcy. The country’s Prime Minister Abdelaziz Djerad has ordered an urgent spending cut to try to offset falling income from oil and gas.     An unexpected rise in spending in 2020 due to the […]