Fayez Serraj

Algeria’s project programs not shaken by price slump, Minister Jallab

Finance Minister Mohammed Jallab has told Algerians that there is no need for alarm despite the low prices of oil and gas. He said the country is capable of handling such shocks. Algeria is a country that heavily relies on gas exportation. OPEC has decided not to cut its production in order to increase global […]

Mauritania: IRA Movement Leader Vows to Remove President by 2019

President Mohamed Ould Abdel Aziz will not rule Mauritania beyond 2019, end of his current tenure, Biram Ould Dah Ould Abeid, President of the Initiative for the Resurgence of the Abolitionist Movement (IRA) has told sympathizers. Mauritania has been embroiled in a political crisis after it became clear that President Mohamed Ould Abdel Aziz wanted […]

EBRD Forecasts 4.2% Growth for Morocco’s Economy in 2017

The European Bank for Reconstruction and Development (EBRD) has trimmed its predictions for GDP growth in Morocco in 2017 from 4.8% to 4.2%. Growth is expected to accelerate in 2017 to 4.2 per cent, as agricultural output rebounds following strong rainfall, and non- agricultural growth remains subdued, said the EBRD in its Regional Economic Prospects […]