Egypt is looking to attract $10 billion-foreign direct investments for the fiscal year 2022-2023, Arab Finance reports citing a report by the Ministry of Planning and Economic Development on the goals of the budget bill. The report says the government is also pursuing the creation of around 900,000 jobs annually to keep the unemployment rate […]
Despite being sued by Australia’s Sundance Resources, Cameroon is set to begin in August the construction of a railway line with two China-affiliated businesses, connecting the coast to substantial iron ore deposit on Congo Republic border. In December 2020, the Perth-based Sundance Resources and two other Australian mining companies, who aspired to develop one of […]
As Algerians continue to suffer in long queues for basic goods, the military regime in Algeria has allocated its defense department a bloated budget of 21.6 billion dollars in 2024, up from 19 billion this year. The army thus widens the gap with other departments as the largest spending sector, mirroring its position as a […]
