Algeria gets highest Trump tariff in North Africa

Trump has imposed a 31% reciprocal trade tariff on Algeria, the highest levy in north Africa. Algeria, which charges a tariff to the US at 59%, was part of a long list of countries hit by import taxes, which Trump imposed via executive order. Tunisia was targeted with 28%, while it charges the US 55%. […]

Palm Hills Developments to build $130m Ritz-Carlton Palm Hills hotel in West Cairo

Egypt’s leading developer Palm Hills has entered into an agreement with Marriott International to build a luxury hotel under the name of Ritz-Carlton Palm Hills in West Cairo with investments of $130 million, the office of Prime Minister Mustafa Madbouli has announced. The agreement was signed Monday December 4 by Mr. Yasin Mansour, Chairman of […]

Russia launches new ‘Africa Corps’, part of Putin’s new military plans for the continent

After Wagner Group’s collapse in mid 2023, Russian President Vladimir Putin has recently launched a new Africa Corps, with 100 military staff officially deployed to Burkina Faso, with the aim to continue serving Russia’s interests on the continent — unofficially. While the war in Ukraine continues unabated, the depth of the ties between Burkina Faso […]