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Algerian President manipulates and inflates economic indicators

Soon after announcing the retrieval of 20 billion dollars, President Tebboune drew mockery when he said that another 36 billion dollar amount was confiscated from a family that concealed it somewhere in vast Algeria. That brings the total sum of allegedly seized money to $56 billion, a sum that is about 35% of Algeria’s GDP […]

World Bank approves $450 mln loan to help Morocco improve access to financial services

The World Bank approved a $450 million loan to support Morocco’s reforms to expand the availability of financial services and digital infrastructure for individuals and businesses, as well as improving financial inclusion and digital entrepreneurship. The loan seeks to deepen reforms aimed at boosting the financial resilience of households and micro-, small-, and medium-size enterprises […]

Tunisia: Presidential hopeful Nabil Karoui’s candidacy still valid

Tunisia’s electoral body, ISIE, has announced on the basis of article 27 of the constitution that Nabil Karoui will still run for the presidential elections despite his arrest Friday for money laundering. Forces from the interior ministry nabbed the candidate of Qalb Tounes (Heart of Tunisia) at Beja, in Beja governorate. The media mogul has […]