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Global Capital Bonds Awards 2021: Morocco Receives Three Prizes

Morocco received three prizes in the “Global Capital Bonds Awards 2021”, the Ministry of Economy & Finance announced on Friday. Morocco was thus ranked as the best issuer of international bonds in Africa; the 2nd best issuer in the category “Emerging Markets”; and the best manager of the international financial market in the African region, […]

Algeria bans trade with Spain, scraps neighborliness treaty

Algeria ordered its banks to suspend processing all import and export operations with Spain, in a recent escalation that followed the suspension of a neighborliness treaty in retaliation against Spain’s sovereign decision in support of Morocco’s sovereignty over the Sahara region. The recent Algerian escalation came after Spanish Prime Minister Pedro Sanchez on Wednesday defended […]

Scams surge as Canada’s immigration doorway to Francophone Africa backfires

A sharp rise in immigration scams is devastating would-be African migrants after Canada’s expanded Francophone Mobility Programme unintentionally opened a door for fraudsters. Originally intended to bolster French-speaking immigration, the scheme has been exploited by “ghost consultants” who promise guaranteed visas for steep fees. In the first half of 2024 alone, Canada refused more than […]