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African Union: High-level Meeting of Committee of Fifteen Ministers of Finance Kicks off in Rabat

The high-level meeting of the Committee of Fifteen Ministers of Finance of the African Union (F15) opened Monday in Rabat on the theme “Beyond COVID-19 pandemic and Russia-Ukraine Conflict: Enhancing the Resilience of African Economies and Financial Sustainability of the African Union”. The participants in this event, co-organized by the ministry of Economy and Finance […]

Million livelihoods in DR Congo threatened by planned oil, gas projects — Report

Planned oil and gas exploration in the eastern Democratic Republic of Congo could expose more than one million people to pollution and disease, according to a report released by the environmental group Greenpeace Africa. The planned selling of 30 eastern land blocks that extend into a famous gorilla reserve would also threaten wildlife and food […]

Hit by Low oil prices, Nigeria opts for borrowing; Algeria chooses to starve its people

The end of the era of expensive oil has put strains on the budgets of Nigeria and Algeria pushing the first to seek foreign borrowing while the latter adamantly sticks to zero borrowing policy at the expense of starving its population. Nigeria, which has a more diversified economy compared to Algeria, is knocking on the […]