Belgian gvt

Libyan Weaponry Fueling Regional Conflicts

A UN panel has sounded the alarm bell over the growing illicit flows of arms from Libya into West Africa and several Middle-eastern countries enhancing the arsenals of a range of non-state actors, including terrorist groups. “In the past 12 months, the proliferation of weapons from Libya has continued at a worrying rate and has […]

EU very worried about Algeria’s economic future, a 2019 note states; current situation far more explosive

The European Union has, in a confidential note, put the finger on the main problems of Algeria in particular the absence of economic strategy.   EU economists refer to Algeria as “a ticking time bomb” when talking about the “most unstable country in North Africa after Libya,” says a French expert in an analysis he […]

BADEA loans Côte d’Ivoire $75m for construction of 7,500 social houses

The Arab Bank for Economic Development in Africa (BADEA) and Cote d’Ivoire signed Monday a loan agreement worth $75 million to be used for the construction of 7,500 social and economic houses to address the housing crisis dogging the West African country. Sidi Ould Tah, Director General of the bank and Adama Coulibaly, Finance Minister […]