Algerian Finance Minister Abderrahmane Raouya

Morgan Stanley downgrades Egypt’s sovereign credit rating to “dislike stance”

New York-based investment banking company Morgan Stanley has moved Egypt’s sovereign credit to a “dislike stance” from a “neutral” rating and noted that the cash-strapped country will face what it termed “mounting risks” in the coming months, Bloomberg reports. The bank argued that the upcoming December elections exacerbate the situation. The planned polls in which […]

Sudan: Al Sisi concerned about Islamists’ ties with TMC

Egyptian President Fattah al-Sisi has asked the Sudanese Transitional Military Council (TMC) to distance itself from Islamists who formed the bacon of support for former ruler Omar al Bachir. This came during the meeting TMC leader Abdelfattah Burhan held in Cairo Sunday with President al-Sisi as talks for the formation of a Sudanese transition council […]

Kenya’s Ruto defiant amid protests and UK condemnation of police brutality

Kenya’s President William Ruto has defended his leadership in the face of growing public protests and international condemnation, asserting that his presidency is focused on long-term transformation rather than constrained by term limits or political pressure. Speaking at the Kenya Urban Forum in Naivasha, Ruto declared, “I cannot be distracted; I am a man on […]