Central Africa: IMF prescriptions to pull economy out of crisis

The momentum of the economic crisis in Central Africa has changed in 2019, raising flags of the International Monetary Fund (IMF). The Washington based lender last week completed discussions with the Central African Economic and Monetary Community (CEMAC). The talks focused on common policies in support of the reform programs of CEMAC member countries. In […]

China Strengthens Economic Footprint in Morocco with Setting up of Economic Zone in Fez

Morocco and the China Association for Industrial Cooperation (CAIC) have agreed to set up an economic zone in Fez offering a platform for various industries. The deal is reflective of China’s increasing interest in Morocco notably after the Kingdom signed with China’s Haite Group an agreement to set up a $10 billion industry and technology […]

Algeria : Bouteflika strips Principal adviser Belkhaddem from all posts

Although President Abdelaziz Bouteflika is rarely seen in public, his decision to dismiss Abdelaziz Belkhaddem could be sending a strong political message that his illness will not be deterring him from his political duty. Abdelaziz Belkhaddem is one of the principal advisers to the Algerian President and he also once served as the Prime Minister […]