Sahara: Morocco’s Return to AU Deals Hard Blow to Algeria (Think-Thank)

Morocco’s return to the African Union (AU) and the withdrawal of recognition of the so-called “RASD” by several African countries have weakened the Algerian stand on the Sahara issue, says a Brussels-based research center on Peace & security. The reintegration of Morocco into its African institutional family has been indeed a historic event, writes “Groupe […]

Algeria: Banks to re-schedule Coronavirus-hit companies’ loan instalments

Algeria’s central bank Tuesday issued a stimulus package including ability for retail lenders to defer loan payments for firms, which have been financially affected by the coronavirus crisis. Banks will continue to finance customers benefiting from loan payment deferrals, while reducing their minimum liquidity requirement to raise funding levels. The North African country has been […]

Senegal tasked with wooing military ruled Sahel states back into ECOWAS

West Africa’s economic bloc, ECOWAS, appointed Senegalese president Basirou Faye to intercede with Burkina Faso, Mali, and Niger who said they left the grouping and formed a new confederation. Faye was asked at the ECOWAS’ 65th ordinary session to work together with Togo’s President Faure Gnassingbe to mediate and try to convince the three military […]