ECONOMY

Since 1 July 2015, certain transactions can only be carried out by credit card or check in Algeria. The government wants to reduce the liquidity in circulation in the informal economy. Algerian Prime Minister Abdelmalek Sellal recently assessed the liquidity in circulation in the informal circuit to be € 37 billion, which he said were…

Gabriel Fal had to leave his position as president of the Regional Stock Exchange (BRVM), which he had accessed in January 2013. The architect Pierre Goudiaby Atepa was elected by the board of directors to replace him. The capitalization of BRVM in 2012 exceeds 5 000 billion CFA francs in early 2013 before reaching 6…

Africa has the highest growth in the world in terms of the number of wealthy individuals (rich in net worth / HNWI) (New World Wealth). Between 2000 and 2014, the number of African individuals who own at least $ 1 million to invest a gain of 145%, compared with 73% for the number of HNW…

Twenty-six East African countries signed a free trade agreement on Wednesday (June 10th) in Sharm el-Sheikh, which includes the eastern half of the continent. The Tripartite Free Trade Agreement (TFTA), a free-trade area extending from Cape Town, South Africa, to Cairo, Egypt, is the result of a grouping of three economic regions: Comesa, Common Market…

A senior Namibian official said that his country and Mauritius and Tanzania are the only ones in the Southern African Development Community (SADC) and Africa in general to have met the deadline for the transition to Which was set in 2006 by 17 June 2015. The International Telecommunication Union (ITU) had set the date of…

Nigeria's President Goodluck Jonathan has decided to abolish the country's excision, which currently affects more than 130 million women and girls in Africa and the Middle East, according to UK NGO 28 Too much. Excision is a consistent practice in cutting part of the clitoris or even the entire clitoris. A real relief for the…