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Mozambique’s ex-finance minister to be extradited to US for role in bond fraud
Mozambique’s former Finance Minister, Manuel Chang, will reportedly be extradited to New York next month to face charges in the United States over his role in a $2 billion bond fraud scandal involving also Credit Suisse Group AG that paid $475 million for its role in alleged fraud, a UN prosecutor said on Monday June […]
Morocco’s Central Bank upset at Fitch rating unprofessional move
The degradation of Morocco’s credit rating by Fitch on the eve of a Moroccan issuance of an international bond is unprofessional and unethical, said central bank governor Abdellatif Jouahri. Fitch has recently downgraded Morocco’s credit rating from investment grade to junk ahead of an international bond worth 3 billion dollars sold by Morocco earlier this […]
Algiers, Tripoli among world’s least livable cities, The Economist
Algiers and Tripoli were rooted at the bottom of a table as the third and second least livable cities in the world, on par with war-torn Damascus which has kept the notoriety of being the worst city to live in since 2013, the Economist said. Kyiv, at the heart of the ongoing Russian-Ukrainian war, […]



