Kidnapped Sahrawi Ahmed Khalil

Staff at Cameroon’s branches of Standard Chartered Bank end strike over payment of bonus

Workers at Standard Chartered Bank in Cameroon have ended a several-day strike over the payment of a severance bonus amounting to more than one month’s salary per year of service, with no ceiling, and the payment of a bonus that does not include any discrimination or consideration based on performance and/or quality of service, Journal […]

Algeria Increases Fuel Prices as Crisis Bites

Battered by a sharp fall in hydrocarbon revenues, Algeria resorted to lifting subsidies on key commodities such as gasoline and diesel in a bid to shore up state finances. The Algerian parliament has taken the unpopular decision of cutting gasoline and diesel subsidies for the third as part of the 2018 budget in an attempt […]

Libya: National Oil Corporation transferred over $14 billion to Central Bank since January

Libya’s National Oil Corporation (NOC) announced this December that it has transferred over $14.8 billion in oil revenues to the Central Bank of Libya since the beginning of 2024. This substantial amount was sent through 23 separate transactions, highlighting the vital role of oil in sustaining Libya’s economy. According to the NOC’s statement, the precise […]