Turkish Airport operator TAV closes down Tunisian Enfidha Hammamet international airport

Turkish airport operator, TAV, shut down Wednesday the international Enfidha Hammamet airport amid protests from the union of workers. The operator according to its communication chief Rim Dhamer, wrapped up activities after last flights, Webdo Tunis reports. Activities at the airport will resume after issues with the union of workers are sorted out, Dhamer said. […]

Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018

Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]

Sahel bloc accelerates plans for regional bank

Finance and economy ministers from the Alliance of Sahel States (AES) have agreed to fast-track the launch of a new regional financial institution aimed at bolstering economic sovereignty and reducing dependence on external donors, following their exit from regional bloc Ecowas. In a recent meeting in Niamey, officials from Burkina Faso, Mali, and Niger reached […]