algerie-gouv

Moody’s downgrades Egypt’s rating to ‘B3’

Moody’s Investors Service cuts Egypt’s sovereign rating by one notch to B3 from B2, saying that it does not expect the country’s liquidity and external positions to rebound quickly. The change comes as the Arab country has continued to face a foreign currency shortage despite allowing the Egyptian pound to depreciate sharply in recent months. […]

African ‘transition states’ at crossroads: experts call for reforms, innovation, and investment

Leading African economists and policymakers have sounded the alarm on the urgent need for governance reforms, domestic resource mobilization, and strategic partnerships to transform the continent’s fragile “transition states” from crisis to growth. Speaking at a recent high-level policy dialogue during the 66th Annual Conference of the Nigerian Economic Society, experts emphasized that 24 African […]

Dbeibah demands transparency over shadow spending as economic strains mount

In a stern and deliberate rebuke, Libya’s Prime Minister Abdul Hamid Dbeibah has called on House of Representatives (HoR) Speaker Aqila Saleh to disclose the fate of over 100 billion Libyan dinars reportedly expended outside the confines of the official State budget over the last two years. Speaking during a high-level meeting with members of […]