German FM in Egypt

Senegal: Economic pressures shadow high-stakes legislative elections

Senegal prepares for crucial legislative elections that will determine the new government’s ability to implement promised reforms amid mounting economic challenges. The vote follows a period of significant political tension, with over 7 million registered voters choosing representatives for the 165-seat assembly from 41 political entities. Prime Minister Ousmane Sonko’s recent statements regarding supporters’ safety […]

Libya: Presidential Council rejects energy agreement with Turkey

Libya’s Presidential Council, PC, has taken distance from the energy agreement signed between the Libyan outgoing Government of National Unity (GNU) and Turkey. The PC said in a statement that the agreement requires consultation with the Council, stressing at the same time the importance of cooperation with all brotherly and friendly countries in the interest […]

Algeria Resorts to Printing Press to Fix Budget Deficit

The Algerian government has resorted again to the printing press to inject in the market over 4,000 billion dinars, the equivalent of 20% of the country’s GDP, to deal with the 2018 budget deficit. The situation is likely to get worse in 2019, as the outlook for oil prices is rather pessimistic. Since 2014, economic […]