Tangier Synagogue

Africa: Infrastructure development funding hits $100 Billion

Funding destined to infrastructure development in Africa hits $100 billion in 2018, the Infrastructure Consortium for Africa (ICA) has announced. The ICA’s Infrastructure Financing Trends in Africa 2018 report shows that financing of infrastructure in Africa reached a new high of $100.8 billion in 2018, a jump of about a quarter on 2017 and 38% […]

Kaïs Saïed summons EU Ambassador after meeting with UGTT union

Tunisian President Kaïs Saïed summoned the European Union Ambassador to Tunisia, Giuseppe Perrone, on Tuesday to express a “strong protest” regarding what he considers a “violation of diplomatic protocols.” An official statement, released Wednesday morning, did not specify the exact reasons for this reaction. President Saïed conveyed to the ambassador his rejection of “practices outside […]

Algeria’s deepening domestic and diplomatic crises impact currency

Following years of unending diplomatic crises and worsening economic conditions at home, Algeria’s currency has fallen to unprecedented levels against the Euro in the country’s black market, the genuine metric for the country’s financial health. Demand on foreign currencies as an investment option surged due to uncertainties caused by the regime’s policies both at home […]