Violent storm destroys 1000 homes in Cape Town

South Africa’s largest city, Cape Town, was hit by a violent storm on Monday that destroyed nearly 1000 homes, local media reported. Gale-force winds displaced around 4,000 people as the city and its surroundings expect the adverse weather to continue until Friday, authorities said. Cold fronts bringing torrential rain, strong winds, flooding and possible mudslides […]

Algeria: Foreign Exchange Reserves to Fall to $116bln by End of 2016

The fall in oil prices has taken a toll on Algeria’s foreign exchange reserves, which are expected to decline to $116 billion, Algria’s Prime Minister Abdelmalek Sellal said. At a context of a long-term slump in oil prices, the Algerian government is planning further cuts to curb spending over the next few years after the […]

Malta welcomes Morocco’s efforts to achieve settlement of Sahara issue

Malta welcomed, Tuesday in Rabat, the efforts undertaken by Morocco to achieve a mutually acceptable solution to the regional conflict over the Sahara. “We recognize the efforts you are making to move forward within the framework of the UN in order to achieve a mutually acceptable solution” to the regional conflict over the Sahara, said […]