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Fearful of a new Hirak, Algeria bans music festivals
The Algerian regime has banned all music festivals across the country under the pretext of “solidarity with Gaza,” in a decision that many analysts see as a pre-emptive move to avert a return of the pro-democracy protests, known as the Hirak. The decision came just after Tebboune officially announced his -expected- bid to run for […]
Burkina Faso, AfDB ink financing agreements of six projects
Burkina Faso and the African Development Bank (AfDB) signed Monday 10 agreements for financing six projects in the West African country to the tune of $184 million. Aboubakar Nacanabo, the country’s finance and economy minister indicated that the first conventions will provide funds for Water and Sanitation Services Improvement for Resilience Building Project (PASEPA-2R), project […]
AfDB warns of 25 African countries facing debt risks, as IMF approves loans to Zambia, Senegal
The rise in cost of debt servicing has led to 25 countries in Africa being at risk of either high debt distress or in-debt distress, African Development Bank (AfDB) Group president has warned, just as the International Monetary Fund (IMF) has approved billion-dollar loans to Zambia and Senegal. AfDB chief, Akinwumi Adesina, said African markets […]



