Algeria could be one of the countries whose economy could crash on the back of low oil prices as a result of the price war between Russia and Saudi Arabia. Saudi Arabia escalated its oil price war with Russia on Tuesday as its state-owned company pledged to supply a record 12.3 million barrels a day […]
The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]
Mahamat Idriss Deby, Chad interim president- who took power in 2021- won Chad’s presidential elections with 61.3% of the vote, the election committee said. Provisional results showed his rival Prime Minister Masra, won 18.53%, in a vote that marks the first return among military-ruled Sahel states to constitutional order via the ballot box. General Deby […]
