World rating agency Standard & Poors has downgraded its long-term foreign- and local-currency sovereign credit ratings of Egypt to ‘B-‘ from ‘B’. It has also switched its outlook is negative, citing recent political developments that weakened Egypt’s institutions and the increasingly polarized political discourse that could undermine the effectiveness of policy-making. According to S&P, a […]
Policymakers from around the world met on 24-25 October during an annual conference in Senegal’s capital city to discuss Africa’s most pressing security challenges. The 8th edition of International Forum of Dakar on Peace and Security was attended by more than 1,000 participants, including heads of state, security experts, military and other officials, who focused […]
Tunisia’s President fired Tuesday October 17 the country’s Minister of Economy Samir Saïed amid economic hardship that has gripped the North African country. Saied’s office said Finance Minister Sihem Nemsia will also double as caretaker of the ministry. Tunisia has been facing economic distress caused by the Covid-19 pandemic and the ongoing Russia-Ukraine. Many partners […]
