UN Sahara envoy Staffan de Mistura conferred Monday with Algerian foreign minister Ahmed Attaf within the frame of a regional tour and preparations for a new round of talks on the Sahara in accordance with UNSC resolution 2797 endorsing the Autonomy Plan under Moroccan sovereignty. A statement issued by the Algerian Foreign ministry said talks […]
Egyptian officials have renewed their efforts to draw back investors, especially in the energy sector, at an investment conference by paying the debts owed to foreign oil companies. Prime Minister Hazem el-Beblawi said that $1,5billion of the $6billion debt has been approved. The Egyptian economy is suffering from the political crisis which has driven away […]
The depreciation of all domestic currencies in the East African region over the past year has not led — in a defiance of conventional economic theory and expectations of regional economists — to the improvement in trade balances, putting more pressure on foreign exchange rates. The depreciation of a country’s currency is supposed to make […]
