Tunisia: Tourism revenue surges to $2.3bn
Tunisia's tourism revenue's have grown by a significant 7.8 percent in 2024, to $3.2bn, according to the MiddleEastMonitor on December...
Economy
Developing countries spend record amount on foreign debt
Developing countries across the world collectively spent a record $1.4tn to meet their foreign debt obligations in 2023, according to...
Algeria on track to triple its rail network by 2030
Algeria is on target to triple its rail network by 2030 in a move to boost national economic growth and...
Tunisia: Challenges lurking in the economy for Saïed’s new term
The economy still poses major challenges for Tunisia and its re-elected president Kaïs Saïed, according to AfricaNews. Public debt, unemployment...
Tunisian MPs propose stripping central bank of interest rate power
A bill proposed by Tunisian lawmakers on October 18th would end the country's central bank's power to adjust interest rates...
Morocco prepares to launch “e-dirham” digital currency
Morocco is preparing to launch the "e-dirham", the first kind of digital currency in the country with hopes of reforming...
France to finance Morocco’s Sahara power link
France-Morocco relations improve after France prepares to finance a power link between Morocco and Western Sahara, according to Reuters on...
Israel’s latest strike on Iran sparks currency fluctuations
The international currency fluctuations caused by Israel’s latest strike on Iran have now settled due to Tehran’s lack of retaliation,...
Can IMF help drought affected countries in Africa?
The International Monetary Fund (IMF) is examining ways of giving financial assistance for African countries that have been devastated by...
Algeria boosts subsidies to prevent Ramadan shortages
The government of Algeria has announced that it will take measures in order to prevent fuel and food shortages during...
EU makes “strategic partnership” deal with Egypt
The European Union announced a €7.4 billion funding package to Egypt to stem migrant flows to Europe, criticised by rights...
Morocco: expected 2.4% in growth in beginning of 2024
Morocco is pulling itself out of the economic doldrums after covid and the impact of the war in the Ukraine....
Tunisia’s $1.9 billion IMF bail in limbo, after refusing to cut subsidies
Tunisia’s $1.9 billion bailout from the International Monetary Fund (IMF) is in limbo as the country hasn't made any proposal...
Morocco’s video gaming industry is booming
As the global gaming industry continues its rapid expansion, emerging economies are actively seeking to leverage this growing market, and...
Algerian government to pass new electricity law
The Algerian government is in talks about passing a new law on electricity. It is set out to change the...
