Libya: Cairo Pushes to Blow up Hedge between Factions

Egypt has convened Libyan factions involved in the political process in the oil-rich North African country, asking them to establish modern democratic state and end polarization. Egypt’s Chief of Staff, Lieutenant General Mahmoud Hegazy, who heads the Egyptian committee mediating the Libyan crisis, this week held three-day talks with Libyan delegations from the cities of […]

Ivorian Presidential hopeful resigns from Paris-based multinational corporation Kering

Tidjane Thiam, the newly elected leader of Côte d’Ivoire’s main opposition party PDCI-RDA, has resigned from Paris-headquartered luxury goods multinational company Kering to focus on his political ambition ahead of presidential elections slated for 2025. “In order to have the necessary time to devote to his political commitments, Tidjane Thiam, elected President of the Democratic […]

Algeria braces for austerity amid frail social peace exacerbated by coronavirus

The failure of major oil exporting countries to reach an agreement about a 10 million bpd reduction was received in Algeria as an omen that would further aggravate state finances as it struggles to maintain a social peace based on lavish spending. Algeria saw its reserves shrink from $179 billion in 2014 to less than […]