African exports to other continents surpass the continent’s intercontinental trade, the United Nations Conference on Trade and Development (UNCTAD) has found, with Africans preferring import tariffs provided by the United States, European Union, Canada, and Japan (the “Quad nations”). Despite growing calls for increased intraregional trade, companies in Africa are taking advantage of preferential trade […]
Ahmed Melki aka Al Somali (The Somalian), the most prominent of the five terrorists who escaped from prison on November 1 in the Tunisian town of Mornaguia, has been arrested by residents of a district in the Tunisian capital, Tunis. Melki had reportedly been active in several terror groups and received military trainings. Melki was […]
As it heads straight to insolvency, Algeria insists on shunning foreign debt as it resorts to unconventional measures involving the Central Bank money printing to delay an impending bankruptcy in the absence of genuine reforms. After Algerian Prime Minister Ahmed Ouyahia announced a five-year plan to reduce his country’s ballooning budget deficit by borrowing directly […]
