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Sub-Saharan Africa hit hard by funding squeeze, IMF warns
Sub-Saharan Africa is facing a severe financing squeeze that, on the back of a series of unprecedented shocks, has driven up borrowing costs, weakened regional currencies and cut countries’ access to international capital markets, the International Monetary Fund (IMF) has warned. This “big funding squeeze”, which is the most serious issue facing sub-Saharan Africa, is […]
Sudan: 30 people killed in inter-community clashes in Darfur
Thirty people have been killed in Sudan in inter-community clashes in the state of South Darfur, the cabinet of Sudanese Prime Minister Abdalla Hamdok announced on Wednesday in a statement. “The governor of South Darfur has presented a detailed report on the situation in the province indicating that clashes between members of (rival) tribes have […]
TunisAir plans massive layoff starting from 2022 to ease financial burden
Tunisia’s national carrier, TunisAir, will lay off 1,000 employees over three years starting from 2022 as part of plans to reduce financial burden and return the company to profitability, CEO Khaled Chelly has revealed. Chelly made the announcement Thursday while receiving the second small body A320neo of a four-jet deal signed with Airbus. The first […]



