The European Commission will grant Tunisia a €600 million loan to help the country limit the economic fallout of the coronavirus pandemic. Tunisia is part of ten European Union enlargement and neighborhood partners for whom the European Commission proposed a €3 billion macro-financial assistance (MFA) package. Tunisia has forecast an economic recession estimated at 4.3 […]
The weak growth trajectory of Africa’s three largest economies, Egypt, Nigeria and South Africa, which together account for about 60% of Africa’s GDP, could exacerbate social unrest in the region, a report by UNCTAD, the United Nations trade body, has warned. Growth prospects in South Africa and across the continent have deteriorated, which threatens to […]
The EuroMed Rights NGO has condemned the use by the Algerian authorities of the COVID-19 lockdown as a pretext to continue their crackdown against pro-democracy protesters and Hirak leaders. In its latest newsletter, the EuroMed Rights watchdog said as the number of confirmed COVID-19 cases in Algeria was increasing early March, the civil society organizations […]
