Air Senegal

US Senator Calls for Sanctions on Algeria’s Purchase of Russian Weapons

U.S. Senator Marco Rubio, Vice-President of the Senate Select Committee on Intelligence, has called for sanctions on Algeria for its purchase of Russian weapons, in violation of the “Countering America’s Adversaries Through Sanction Act” and expressed great concern with regard to the ongoing defense procurement between Algeria and Russia. This came in a letter that […]

Libya: Central Bank Allows Foreign Residents to Use e-Wallets, Sets Daily Transfer Limits

The Central Bank of Libya has instructed commercial banks and electronic payment providers to allow officially registered foreign residents to use e-wallets as part of efforts to expand digital payments and promote financial inclusion.   According to a letter dated March 11, 2026 and referenced 9/2026, which was leaked to Libyan media, the directive is […]

Algeria has Long Way to Go to Counter Terrorism Financing- U.S. Report

The scale of the informal market in Algeria dominated by cash transactions make it hard to counter terrorism financing, the U.S. department of state said in a report. “Foreign exchange restrictions and distrust of banks push Algerians to cash transactions and informal currency-exchange markets,” the U.S. State Department said in the Country Reports on Terrorism […]