Tunisia protests

German Development Bank grants Tunisia €27.5 million loan

Germany’s Development Bank, KfW, has lent Tunisia €27.5 million earmarked for the modernization of the Medjerda canal project at northeastern Cap Bon. The loan will be used to modernize all infrastructures and equipment of the canal to meet the increasing demand in potable and irrigation water. The canal provides the cities of Tunis, Cap Bon, […]

Algeria’s economy, a crisis in the making

Long ruling Bouteflika has stepped down after popular protests leaving behind him an embattled economy vulnerable to international oil prices. After years of unsustainable spending, Algeria’s foreign exchange reserve shrunk to cover only four years of imports making it difficult to sustain a generous subsidy system that has bought peace at the expense of financial […]

Morocco: Two Royal Army Soldiers Killed in CAR

Two soldiers of the Moroccan Royal Army operating under the banner of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) were gunned down Tuesday by armed men while escorting a convoy of trucks transporting fuel from Zemio to Obo, the UN mission said in a statement on Wednesday. The two […]