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Oil-drilling vessel capsizes in Gulf of Suez, leaving four dead and four missing
At least four crew members have been confirmed dead and four others remain missing after an oil-drilling ship capsized on Tuesday evening off the coast of Ras Ghareb in Egypt’s Gulf of Suez. The vessel, which had 30 workers aboard, overturned near Gabel el-Zeit, a key oil production hub roughly 300 kilometres south of the […]
Algeria busy supporting Polisario separatists while leaders are myopic to country’s structural problems
Battered by falling oil prices and lack of pro-activeness in addressing the coronavirus and its social and economic repercussions, Algeria’s President Abdelmejid Teboune has attention geared primarily to undermining Morocco’s territorial integrity through generous handouts to the Polisario separatists. When asked by reporters whether Algeria will seek foreign debt to deal with the crisis, Teboune […]
AfDB launches record breaking $3 billion “Fight COVID-19” Social Bond
As the Covid-19 outbreak is spreading quickly in Africa with nearly 3,000 infected people across 45 countries, placing strain on already fragile health systems, and dangerously threatening the continent’s economy, the African Development Bank Group is moving to provide flexible responses aimed at lessening the severe economic and social impact of this pandemic on its […]



