Mozambique’s President Filipe Nyusi has been re-elected with a landslide victory, according to official results announced on Sunday. In a victory speech before his supporters in capital Maputo, Nyusi said he would further develop Mozambique and hasten the implementation of a two-month-old peace deal with Renamo rebel group. The peace deal signed between Frelimo and […]
Algeria’s former president, Abdelaziz Bouteflika, passed away last week, leaving his country at the mercy of a military junta that did little to relieve the country from oil and gas curse. Bouteflika took power in 1999 on the back of promises to put an end to a deadly civil war that took the lives of […]
Algeria is trying to balance its finances as its economy continues to struggle due to the low global oil and gas prices that are affecting countries heavily dependent on such revenues. A source close to the North African country’s Central Bank hinted that the authorities at the bank let the Algerian dinar to depreciate against […]
