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Algeria’s public finances vicious circle
Algeria’s appropriation bill for 2024 continues on track of prioritizing social peace at the expense of sustainability of public finances, auguring ill for the medium- and long-term macroeconomic balances of the country. The Algerian state will spend 38 billion dollars on its inflated public sector payroll, which takes the largest chunk of budget distribution. Civil […]
Cobalt prices increase following DRC’s export ban
Prices of cobalt, a key mineral for energy transition, began to rise following an export ban by the Democratic Republic of the Congo to balance the market. On China’s Wuxi Stainless Steel Exchange on Monday, cobalt trading was paused after prices jumped nearly 12%, the highest since October. Last month, DRC said it will stop […]
African Union: Fathallah Sijilmassi, 1st Director General of AU Commission
Moroccan diplomat Fathallah Sijilmassi has become the first Director General of the African Union Commission, a new position set up by the AU summit held in Addis Ababa in 2018. Sijlimassi was picked up for the job after undergoing a rigorous selection process based on transparence and merit. His new mission includes the coordination between […]



