Attack in Mali feb 2020

Burkina Faso declares ‘general mobilization’ after series of terrorist attacks

Burkina Faso’s military junta declared a ‘general mobilization’ which should help the army to recapture 40% of the country’s territory, which is controlled by terrorists affiliated with Al-Qaeda and the Islamic State group, as the deadly insurgency continues. The goal of the ‘general mobilization’ is to give the state “all necessary means” to combat a […]

AfDB enters new $1 billion exposure exchange with the Asian Development Bank

The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]

Tunisia’s economic outlook dims as President rejects IMF conditions

Cash-strapped Tunisia continues to face headwinds in its quest to obtain a lifeline $1.9 billion credit from the IMF whose conditions are now openly rejected by authoritarian president Kais Saied. Saied was outspoken in rejecting the IMF conditions for Tunisia to cut subsidies in order to improve public finances. Saied’s statement adds to the fierce […]