Tony-Elumelu-Foundation-Forum

Polisario camps, a tinderbox waiting to explode

The inhumane conditions imposed on thousands of Sahraouis held against their will in the Polisario-run camps of Tindouf in Algeria, coupled with a bloody crackdown on dissent, are creating conditions auguring for violent uprising. This week, disenchanted youth from Oulad Tidrarine tribe revolted against the Polisario militias, torching vehicles and exchanging fire in full media […]

Reconstruction of Egypt’s economy

Egypt finance minister Muntaz al-Said announced on Wednesday that a new 10% tax on major transactions have been approved by a special cabinet that was formed for this purpose. Although no time limit has been precisely set, according to him this tax will mainly be on gains acquired on Initial Public Offerings (IPOs) and also […]

U.S. State Department Approves Sale to Morocco of 162 Upgraded Abrams Tanks

The U.S. State Department has approved the sale to Morocco of 162 enhanced Abrams tanks for an estimated cost of $1.259 billion, says the US Defense Security Cooperation Agency. This military sale will support the foreign policy and national security objectives of the United States by improving the security and capacity of a major Non-NATO […]