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As Cotonou Agreement Nears Expiry, EU Negotiates a New Deal with a More Assertive Africa

As the Cotonou Agreement binding the European Union to 79 countries in Africa, the Caribbean and the Pacific (ACP) is expiring in May 2020, negotiation on a new deal are ongoing, reported recently the European news website eubulletin.com. EU policymakers are hoping to make progress soon since there is growing assertiveness of African governments and […]

Morocco’s Currency Reform, on Right Track- IMF

Few weeks after the launch of the gradual Dirham float, The International Monetary Fund has advised Morocco to maintain the current reform pace with a view to strengthening the economy’s competitiveness. “Unlike other emerging economies, Morocco didn’t loosen currency restrictions under pressure, so authorities can take their time with future steps,” Nicolas Blancher, the IMF’s […]

Algeria Still Lagging Behind in 2018 Economic Freedom Index

Algeria was ranked among the ten worst performing countries in the 2018 Economic Freedom Index, established by The Heritage Foundation, an American public policy think tank based in Washington, DC. Algeria scored 44.7/100 taking the 172 place in a ranking of 186 countries. Algeria came ahead of only 8 countries, some of them happened to […]