Gambia clean energy

Moroccan employers happy with interest rate cuts

Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for an economic recovery from the repercussions of the coronavirus. These cuts give banks more flexibility in financing enterprises during this crisis notably SMEs, he told local media. The government has […]

South Africa risks U.S. sanctions for its ties with terrorist actors & U.S. enemies

U.S. Congress will review American relationship with South Africa for its support of U.S.-designated terrorist organizations such as Hamas and engagement in activities that undermine Washington’s national security and foreign policy interests. U.S. lawmakers will discuss in the few coming weeks a bipartisan bill introduced by Republican congressman John James and Democratic congressman Jared Moskowitz. […]

Algeria’s diplomatic spat with Spain spills over to economic ties

Algeria has demonstrated that it is the main party in the Sahara issue by recalling its ambassador from Spain after Madrid supported Morocco’s autonomy plan for the territory, in a diplomatic escalation that spilled over to trade. Spanish ABC paper said Spanish exports to Algeria dropped 93%, while gas was all that Spain imports from […]