Algeria proceeds to urgent spending cuts to delay bankruptcy

Time and money are running out for Algeria as it eats into its foreign reserves trying to avert the inevitable: bankruptcy. The country’s Prime Minister Abdelaziz Djerad has ordered an urgent spending cut to try to offset falling income from oil and gas.     An unexpected rise in spending in 2020 due to the […]

Biden’s Angola visit underscores Africa’s growing global importance

President Joe Biden’s upcoming visit to Angola, the first by a sitting U.S. president to an African country since 2015, highlights the continent’s increasing significance in global geopolitics. The trip, scheduled for October 13-15, comes as various world powers vie for influence in Africa, attracted by its strategic importance and mineral wealth. Angola, historically closer […]

Morocco’s King pleads for youths’ empowerment in Africa, the front and center in the world order

King Mohammed VI has pleaded for empowering African youths, as Africa’s population is the youngest in the world and as the fast pace of the demographic transition on the continent requires major development projects, especially in such areas as education, health, agriculture, infrastructure and the fight against poverty. African must take up these challenges to […]