CFA-Francs

Algeria’s economy in the red after oil price drop

Algeria will have to further tighten the belt as barrel prices drop to below $60, boding ill for its export, fiscal deficit, and social peace. Algeria has based its 2025 budget on a barrel price of $70, with over 90% of the country’s economy dependent on oil, gas and byproduct exports. International risk consultancies are […]

Two elections with very different conduct: Liberia’s ‘peaceful’ vs. Madagascar’s ‘tense’

Votes are being tallied in two African states — Liberia and Madagascar — and while their final results are still forthcoming, what is clear is the starkly different assessment of their respective conducts — peaceful in the former but tense in the latter. Liberia’s incumbent, George Weah, a former soccer star whose administration had faced […]

OAPI-AGF €60 million partnership to commercialize 1,000 African patents by 2030

The African Organization for Intellectual Property (OAPI) and the African Guarantee Fund (AGF) have launched a €60.9 million partnership to finance 1,000 innovative projects across 17 African countries by 2030. The agreement, signed this week, aims to transform patents into viable commercial ventures in countries including Burkina Faso, Cameroon, Côte d’Ivoire, Mali, Mauritania, and Senegal. […]