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Côte d’Ivoire: Constitutional Council validates only four candidacies out of forty-four

The Ivorian Constitutional Council validated on Monday four candidacies, including that of outgoing President Alassane Ouattara for a controversial third term, and rejected those of ex-President Laurent Gbagbo and ex-rebel leader and Prime Minister Guillaume Soro for the October 31 presidential election. The Constitutional Council validated only four of the 44 presidential candidatures. In addition […]

Tunisia’s Foreign Reserves Shrink to $4.6 bln

Due to a crisis that has hit vital sectors of the Tunisian economy, Tunis continues to eat into its foreign exchange reserves, which have dwindled to $4.6 billion covering 80 days of exports, the central bank said. The bank attributed the decline to the country’s need to use foreign exchange funds at the beginning of […]

Avoiding ‘resource curse’: why Africans benefit little from big oil and gas finds

Senegal joins other African countries like Nigeria or Namibia that have struggled to manage their oil and gas resources discovered in recent years for the real benefit of the people, including by improving the energy situation at home. The oil and gas finds in Africa have rarely lived up to their promise, often doing more […]