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Algerian MPs expose government’s lies on cooking oil crisis
The Algerian government has often said the country had a surplus in producing cooking oil blaming the scarcity of the product in the local market on speculation, but an inquiry by a parliamentary committee has exposed the government’s lies and its endemic use of conspiracy theories to justify failed policies. Algerians have struggled for about […]
OCP Gleans $ 1.5 billion to Finance Large-Scale Investment Programs
L’Office Chérifien des Phosphates (OCP,) the Moroccan State-owned phosphates company, said last week it raised $ 1.55 billion in the first international bond issue having a solid emitter notation organized by an African company outside South Africa. OCP thus sold 10-year bonds to yield 5.625 percent for $1.25 billion and $300 million worth bonds that […]
Sudan’s ceasefire deal in jeopardy amid ongoing clashes between rival factions
Clashes between rival military factions broke out in Sudan’s capital Khartoum on Wednesday (24 May) and spilled over into Thursday, effectively undermining the ceasefire agreed to on May 20 after talks in Jeddah mediated by Saudi Arabia and the United States. Sporadic clashes between the Sudanese army and a powerful paramilitary Rapid Support Forces (RSF) […]



