Sudan’s new prime minister, Abdalla Hamdok, sworn in

Africa faces looming ‘debt crisis’ and ‘lost decade’, warns World Bank

Developing countries are on a “path to debt crisis” and another “lost decade”, World Bank warns in its latest annual publication, unless African and other debtor governments, private and official creditors and multilateral financial institutions agree on a quick and coordinated action to secure more support from the creditors. The 50th edition of the ‘International […]

France empowers military-run Algeria

France and Algeria have signed a military and security cooperation deal during the visit by the figurehead of the ruling military junta in the oil and gas rich country Said Chengrigha. The deal came after a series of visits including a visit by Emmanuel Macron in which French and Algerian officials talked about the past […]

TotalEnergies abandons Algeria project for bureaucracy problems

French giant Total Energies has ditched a petrochemical project in Arzew in Oran in Western Algeria, a withdrawal that analysts blamed on Algeria’s bureaucracy. The news was relayed by Africa Intelligence news outlet on the eve of a visit by French President Emmanuel Macron to the country. The French firm has sealed a deal wih […]