Algeria’s oil and gas revenues will be reduced by $10 bln to $23 billion as the country struggles with a surge in spending in a heavily subsidized economy. Algerian officials rang the alarm bell as to the deteriorating financial indicators as a result of dwindling energy revenues which represent more than 90% of exports. To […]
Mauritanians will decide on July 15 whether autocratic leader Mohamed Ould Abdel Aziz could run again for the elections in 2019, the year his current term ends. The date of the referendum on constitutional reforms proposed by the President’s ruling party was set by the cabinet last week. The fate of the President in 2019, […]
The International Air Transport Association (IATA) has urged African governments to take decisive action to strengthen the continent’s aviation sector, describing it as a vital engine for economic growth, connectivity, and job creation. Currently contributing $75 billion to Africa’s GDP and supporting 8.1 million jobs, the aviation industry is projected to grow at 4.1% annually, […]
