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African Nations launch alternative credit rating agency to challenge global giants
Africa is set to establish its own credit rating agency by June 2025, marking a significant shift in how the continent’s economies are evaluated. The Africa Credit Rating Agency (AfCRA) aims to provide more nuanced sovereign ratings by incorporating local contexts often overlooked by traditional agencies like Moody’s, Fitch, and Standard & Poor’s. This initiative […]
King Mohammed VI Calls for New National Zoning Guidelines
King Mohammed VI of Morocco called Tuesday for the elaboration of “an effective, integrated national land policy” to overcome the impediments hampering the full development of land zoning in the North African country In his address to the national conference in the resort town of Skhirate (south of Rabat) on the “State land policy and […]
Algeria’s 2026 budget allocates record military spending despite economic strains
Algeria’s Council of Ministers has approved the draft Finance Bill for 2026, allocating $25 billion to the army at the expense of economy diversification, infrastructure, and social services. The country has prepared a budget bill worth a record $135 billion, up from $128 billion in 2025 and $113 billion in 2024. Military spending represents 20.6% […]



