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Egypt’s current account deficit soars as Suez Canal revenues plummet
Egypt’s current account deficit more than doubled to $5.9 billion in the July-September 2024 quarter, up from $2.8 billion in the same period last year, according to the Central bank on January 16. A significant contributor to this widening deficit was a sharp drop in Suez Canal revenues, which fell by 61.2% to $931.2 million, […]
Again! Sweeping majority of Algerians shun sham elections
Algerian voters have largely abstained from casting ballot in the parliamentary elections amid a crackdown on dissent and free speech by a military regime ruling behind a thin civilian curtain. The military rulers were hoping to use the elections to restore authoritarian stability in a country that braces for an acute economic crisis against the […]
Africa Parliaments: Foreign Affairs Committees Chairmen Meet in Morocco to Discuss Stability & Security
Morocco is deeply committed to promoting peace, security and development in Africa, said on Thursday in Rabat, Moroccan foreign Minister Nasser Bourita at the 2nd Forum of Chairpersons of Foreign Affairs Committees of African Parliaments. Addressing the meeting, convened under the theme: “Towards Establishing Lasting Foundations for Stability and Security in Africa,” the minister called […]



