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‘The Africa We Want’: AU leaders agree on ambitious institutional reforms for Agenda 2063

An ambitious reforms plan for the African Union (AU) was laid out during a high-level meeting of African heads of state and governments on Monday (27 January), focusing on boosting peace, security, and financial independence to transform the continent into a powerhouse of development and stability. The landmark retreat of the extended bureau of the […]

Staff at Cameroon’s branches of Standard Chartered Bank end strike over payment of bonus

Workers at Standard Chartered Bank in Cameroon have ended a several-day strike over the payment of a severance bonus amounting to more than one month’s salary per year of service, with no ceiling, and the payment of a bonus that does not include any discrimination or consideration based on performance and/or quality of service, Journal […]

Algeria Releases ‘New Growth Model’ Warning of Unsustainable Subsidy System

The Algerian government released its 2030 vision for economic development, dubbed “New Growth Model,” warning of the unsustainability of the current subsidies system and urging economic diversification to reduce dependency on hydrocarbons. “In all sectors of the public service (electricity, gas, water, rail transport, telecommunications), tariffs are kept at levels lower than the cost of […]