Tunisians struggle with inflation as Ramadan starts

Once a month of joy and celebration, Ramadan this year has put the finances of ordinary Tunisians on strain as inflation bites, coupled with a shortage of basic goods and rampant unemployment. Tunisia’s February inflation was at 7.5% with prices set to further surge due to the high demand on foodstuff, particularly during the fasting […]

Removal of Gadhafi has been a tragedy for Libyans – UK’s Boris Johnson

British Secretary of State for Foreign and Commonwealth Affairs, Boris Johnson, in an interview with BBC Radio on Monday admitted that the removal of Libya’s strongman Colonel Muammar Gadhafi from power has been a tragedy for Libyans. According to the British Top Diplomat, the killing of Gadhafi in 2011 has plunged the North African oil-rich […]

Mauritania: Public debt estimated at nearly $4.4 billion

Mauritania’s public debt stood at 177.8 billion new ouguiyas (approximately $4.4 billion) as of mid-2024, according to the latest report from the Public Debt Directorate. This amount represents 40.3% of the country’s Gross Domestic Product (GDP) as of June 30, 2024, underscoring the scale of Mauritania’s fiscal obligations relative to its economic output. The report […]