MCA meeting

Algeria squanders gas wealth to buy social peace, fatten army

Algeria is about to approve the largest budget in its history and in Africa, most of it dedicated to maintain cash-handouts on which its social peace depends and increase spending on the army. Some 125 billion dollars will be budgeted by the government this year, as the country lacks any significant investment or economic project […]

Africa’s palm oil sector to see prices falling in 2023 as output rises

Although palm oil production has been linked to environmental damage and human rights abuses, it remains an important industry providing jobs and contributing to economic growth in several countries in Africa. The global palm oil market size reached US$53.1bn in 2022 and looking forward, the market is expected to reach US$67.6bn by 2028, exhibiting a […]

Mauritania records first rift valley fever death Since 2022

Mauritanian health authorities have confirmed the country’s first death from Rift Valley Fever (RVF) since the 2022 outbreak. According to a statement issued by the Ministry of Health on Sunday, September 28, the deceased was a citizen who had recently returned from a neighboring country and showed symptoms of hemorrhagic fever. Laboratory tests confirmed RVF […]