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Algeria proceeds to urgent spending cuts to delay bankruptcy
Time and money are running out for Algeria as it eats into its foreign reserves trying to avert the inevitable: bankruptcy. The country’s Prime Minister Abdelaziz Djerad has ordered an urgent spending cut to try to offset falling income from oil and gas. An unexpected rise in spending in 2020 due to the […]
Africa’s fintech revolution: market to reach $65bn in revenue by 2030, but challenges remain
Africa’s fintech market is poised for significant growth, projected to reach a $65 billion in revenue by 2030, which represents a 13-fold increase over 2021, according to a new study conducted by consulting firm Boston Consulting Group (BCG) and QED Investors, a global VC based in the US. This development will make Africa the world’sfastest-growing […]
End of MINURSO closes 35 years of an inefficient UN mission
Morocco is closing a 35-year chapter of external oversight in the Sahara and asserting full ownership of the next phase on its own terms. King Mohammed VI has chaired a meeting in that regard urging full respect of Morocco’s territorial integrity and tranquility of the Kingdom’s citizens including in the southern provinces, while reiterating Morocco […]



