TSA

UN-Backed Libyan Institutions to be Reformed, Political Dialogue Committee

The Libya Political Agreement signed in December 2015 by some members of the Tobruk-based House of Representatives (HoR) and the General National Congress (GNC) in Tripoli to form the UN-backed Government of National Accord (GNA) was questioned by the Political Dialogue Committee that held a two-day meeting in Tunisia. According to a statement released by […]

Algeria Resorts to Time-buying Measures to Stave off Bankruptcy

As it heads straight to insolvency, Algeria insists on shunning foreign debt as it resorts to unconventional measures involving the Central Bank money printing to delay an impending bankruptcy in the absence of genuine reforms. After Algerian Prime Minister Ahmed Ouyahia announced a five-year plan to reduce his country’s ballooning budget deficit by borrowing directly […]

BIDC approves financing of a new rural electrification project in Benin

The government of Benin plans to electrify about 100 rural communities after securing $28 million loan from the ECOWAS investment and development bank (BIDC). The communities involved in the project will be connected to the national electricity grid through the establishment of high voltage transmission and distribution lines, the government said. The operation will cover […]