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Algeria: FT Explains Why Business Tycoons Back a Bouteflika 5th Term

The Financial Times has unveiled the reasons behind the support of the corporate barons of the bid of ailing Algerian President Abdelaziz Bouteflika for a 5th term in office despite uncertainties over his health. “The businessmen have been one of the biggest interest groups behind Bouteflika, aged 81-year old. All made their money under him,” […]

Algeria’s outburst over UK’s Sahara stance exposes its role as genuine party to the conflict

Algeria’s vehement reaction to the United Kingdom’s support for Morocco’s autonomy plan in Western Sahara has done more than express diplomatic discontent. It laid bare Algiers’ transformation from a behind-the-scenes sponsor and host of the Polisario militias to the undisguised principal actor in the decades-old territorial dispute. In a statement laced with indignation, Algeria’s foreign […]

From Morocco, African states call for cheaper remittance transfer costs

African diaspora is in need of urgent action to reduce the cost of remittances, an instrumental source of investment and a key factor in reducing poverty in the continent, said participants at an African meeting in Rabat. There are some 150 million Africans living outside the continent with remittances estimated at 100 billion dollars in […]