Algeria is grappling with a deepening currency crisis as the Algerian dinar continues its relentless slide, raising alarm over the country’s economic stability, inflationary pressures, and the sustainability of state finances. Since late 2019, the dinar has lost significant value against the euro, falling from 204 dinars per euro in December 2019 to over 260 […]
South Africa plans to double the amount of energy it will buy from the Inga III dam, under construction in the Democratic Republic of Congo, Bloomberg reported. South Africa committed to purchase 2,500 megawatts from the dam, known as Inga III, in a 2013 treaty between the two countries. South African Energy Minister Jeff Radebe […]
The summit of the African Union (AU) in February 2023 has shown that the bloc is in the process of accession to the G20 grouping as a member while also becoming a participant of the BRICS+ meetings, which would in turn enhance Africa’s global influence. While Africa lacks a permanent seat on the UN Security […]
