Ugandan president Yoweri Museveni promoted his 49-year-old son to top commander of the army, in a move that signals he is preparing him to succession. Museveni’s son, Gen. Muhoozi Kainerugaba, has been touring the country to “spread patriotism” among Ugandans, in a clear violation of a law that bans serving army officers from partaking in […]
Algeria is grappling with a deepening currency crisis as the Algerian dinar continues its relentless slide, raising alarm over the country’s economic stability, inflationary pressures, and the sustainability of state finances. Since late 2019, the dinar has lost significant value against the euro, falling from 204 dinars per euro in December 2019 to over 260 […]
Algeria is reportedly seeking a $3 billion loan from the Islamic Development Bank (IsDB) to finance a major railway infrastructure project. The loan is still pending approval by the bank’s governing board, which includes key stakeholders such as Saudi Arabia and the United Arab Emirates, countries whose diplomatic ties with Algeria have been strained in […]
