FMs of Morocco & Barbados

Tunisia’s domestic borrowing gamble risks inflation and social unrest

The Tunisian government plans to seek $3.7 billion in direct financing from the Central Bank of Tunisia (BCT) in 2026, after borrowing $2.3 billion this year to cover urgent debt repayments. Total financing needs are projected at 27 billion dinars, with plans for a 7 billion dinar sukuk issuance, a first for the country. Public […]

Morocco’s Competition Council accelerates electronic payment market opening

Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]

Algeria: Army Chief survives deadly assassination attempt that kills 6

Algeria’s army chief, Gen. Saïd Chengriha, has escaped lately an assassination attempt that has given rise to all sorts of speculations among security and military ranks, according to leaked intelligence reports. A car bomb has targeted the General’s convoy, leading to a deadly collision and fire that claimed six lives. The identities of the victims […]