King launches Addourous Alhadithia Nov 2 2018

Algeria-WB: Difficult to do business in Algeria

The World Bank Doing Business 2016 report categorizes Algeria among countries “hostile’’ to investment, placing the country at the 163rd rank out of 189 countries, with Singapore topping the rankings. Despite a myriad of efforts to stimulate economic revival following a plunge of the country’s economy due to the collapse of oil prices, Algeria is […]

EU to deploy military force to Mozambique; Rwanda, SADC also send troops to fight rebels

Mozambique’s ability to adequately fund government ministries – including its military – has been hamstrung by tight fiscal rules imposed by the International Monetary Fund as conditions for granting loans. Now, Maputo must reluctantly invite foreign forces onto its territory, something its fiercely independent government has long resisted doing. The European Union has created a […]

Somalia, the world’s most corrupt nation owing to terrorism, armed conflict — study

Somalia sits at the bottom on the list of 180 countries of the 2022 Corruption Perceptions Index by Berlin-based corruption watchdog Transparency International, which blames terrorism and armed conflict in the east African country for creating world’s biggest breeding ground for corruption. The never-ending conflict in Somalia remains the leading cause of the runaway corruption, […]