EU Arab summit

Algeria Continues to Reel under Impact of Oil Prices Fall-IMF

Despite a sizable fiscal consolidation in 2017, the fiscal and current account deficits remain large in Algeria, which continues to face important challenges posed by the fall in oil prices four years ago, the IMF said. The fall in oil revenues was mostly felt in Algeria’s reserves which fell by $17 billion to $96 billion […]

Sudan’s Belated ‘Arab Spring’ – Is al-Bashir Finally Leaving?

It is often being said that events in the Arab World will inevitably find their way to the Sudan, though almost always belatedly. Now, some three years after the Arab Spring began to rattle the Maghreb region, demonstrations have filled the streets of Sudan’s capital Khartoum. What began as a protest against rising fuel prices […]

Africa Day 2023: AU promotes AfCFTA, rejects great-power competition in Africa

The African Union (AU) used the celebrations of the 60th anniversary of ‘Africa Day’ this week to warn the continent not to become a “geo-strategic battleground” for global powers and also to promote the African Continental Free Trade Area (AfCFTA). Africa must not become a “geo-strategic battleground” for global powers, as it grapples with several […]