Algeria has announced painful reforms including subsidies cuts on which the social peace hinges to try to save its crumbling finances, but all the reforms have vanished as the oil and gas bonanza offer the regime space to gain time and delay reforms as the country heads straight to economic collapse. Before the Russia-Ukraine war […]
Kenya Airways KQ said it has suspended all flights to Kinshasa in reaction to the detention of two of its staff members by DRC authorities. DRC authorities detained two KQ staff members on April 19 on ground of custom procedure violations relating to a cargo. A local court had allowed the release of the KQ […]
Morocco’s Lesieur Cristal, a company that produces cooking oil and soap, took control of Avril’s activity in Africa, following a merger-acquisition, by which the Moroccan company bought Senegal’s Oleosen. In addition to Oleosen, which produces cooking oil, the Moroccan group took control of Cristal Tunisia which besides table oil also makes soap. Lesieur Cristal has […]
