algeria_ghardia

Kenyan default fears intensify as anti-government protests are to resume

Investors are unloading Kenya’s dollar bonds due 2028, whose yields have climbed to 14.6% and the shilling has also trading at a record low, while opposition leader Raila Odinga’s Azimio La Umoja (Declaration of Unity) party has said protests against government policies would resume after Islam’s holy month of Ramadan, if no progress had been […]

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 […]

Kenitra: international drug trafficking operation foiled, nearly 9 tons of cannabis seized

The judicial police of Kenitra seized, Thursday, nearly 9 tons of cannabis, foiling thus international drug trafficking operations. Following accurate information provided by the Directorate General of Territorial Surveillance (DGST), the Kenitra judicial police seized Thursday morning 2.1 tons of cannabis resin and arrested four individuals for their alleged ties with a criminal network involved […]