Tunisia posts lowest growth prospects in southern Med- EBRD

The Tunisian economy continues to reel under the impact of the President Kais Saied’s power grab. The country is expected to be the least performer in the southern Mediterranean region, compared to its peers, the European Bank for Reconstruction and Development (EBRD) said. While the region’s economic growth is expected to stand at 3.7% in […]

EIB to lend Tunisia 450 mln euros

Cash-strapped Tunisia will get 450 million euros from the European Investment Bank to fund small and medium-sized enterprises and infrastructure projects, the bank said. The financing deal will be signed on Thursday at the Tunisia Investment, the bank said in a statement, adding that the loan will benefit “high-impact projects for the population and the […]

Sahara: Peru suspends ties with self-proclaimed “SADR”, dealing hard blow to Polisario & Algeria

Peru decided on Friday to suspend its diplomatic relations with the self-proclaimed “SADR”, dealing another hard blow to the Algerian-backed Polisario separatist group. “In accordance with international law rules, the government of Peru has decided to suspend its diplomatic relations with the so-called “SADR”, Peru’s foreign ministry said in a statement. “Faithful to the principles […]