Burkina Faso: Three army officers arrested for exfiltrating Damiba to Togo

Burkina Faso authorities have arrested three captains who had helped former leader lieutenant-colonel Paul-Henri Sandaogo Damiba to flee to Togo in September, when he was deposed by incumbent captain Ibrahim Traoré. Sidsoré Abdoul Kader Ouedraogo, Hassan Salem Diallo and Didas Charles Ouédraogo reportedly exfiltrated Damiba out of the country to Togo in an aircraft belonging […]

Algeria squanders gas wealth to buy social peace, fatten army

Algeria is about to approve the largest budget in its history and in Africa, most of it dedicated to maintain cash-handouts on which its social peace depends and increase spending on the army. Some 125 billion dollars will be budgeted by the government this year, as the country lacks any significant investment or economic project […]

Algeria’s public finances vicious circle

Algeria’s appropriation bill for 2024 continues on track of prioritizing social peace at the expense of sustainability of public finances, auguring ill for the medium- and long-term macroeconomic balances of the country. The Algerian state will spend 38 billion dollars on its inflated public sector payroll, which takes the largest chunk of budget distribution. Civil […]