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US urged to renew AGOA in order not to ‘lose economic ground’ in Africa to China

The United States is “missing an incredible window of opportunity” in Africa, a senior executive in US company told the US Senate Committee on Finance, urging a “quick renewal” of the African Growth and Opportunity Act (AGOA) that will have the largest impact on the US business interests on the African continent. SanMar Corporation’s general […]

Oil plunge worsens Algeria’s combustible mix

Time for reform has run out for Algeria with the plunge in oil prices further worsening combustible factors of financial hardships, corrupt leadership and social dissent. Myopic to the demands of the Algerian people for reforms and better living conditions, the same old ruling military elite renewed itself with a civilian facade amid pro-democracy protests. […]

Russia-Printed Libyan Dinar Delivered to Tobruk-Established Central Bank

Reports have emerged that the central bank established by the Tobruk-based government would be receiving 200 million Libyan Dinar worth of bank notes printed in Russia despite the contestations of Libya’s Central Bank, based in Tripoli. The media office at the Lebrag airbase confirmed the arrival of the money. The new notes are said to […]