Egypt construction site

Tunisia: Resumption of phosphate extracting in Gafsa-Métlaoui

After a one-month suspension, the extraction and exploitation of phosphates in the Gafsa mining basin (south-west) as well as the phosphate washing activities have resumed their normal pace last week. The transport of phosphate and triphosphate via the railway has also resumed starting from Métlaoui (one of the towns on the mining field) towards Gafsa, […]

Mauritania cancels Chinese patrol boats deal amid U.S. sanctions pressure

The Mauritanian Government cancelled a contract with a subsidiary of the Chinese state-owned conglomerate Poly Group for the sale of patrol boats, following mounting pressure from the United States, according to a report by Africa Intelligence. The subsidiary, Poly Technologies, has been sanctioned by the U.S. Treasury Department for its alleged support of Russia’s war […]

Tunisia adopts 2022 budget with $2.8b deficit

Tunisia has adopted the 2022 budget short of around $2.8 billion amid economic hardship that has hit the country also gripped by an unprecedented political crisis, triggered since July 25 after President Kais Saied has seized all major powers. The Tunisian government, Webdo Tunis reports, will present this Tuesday the draft of the financial act […]