Tunisia tourism

Senegal inks peace deal with rebel group, ending four decades of conflict

Senegal has officially ended one of Africa’s oldest conflicts with the signing of a peace agreement between the government and the separatist Movement of Democratic Forces of Casamance (MFDC). The agreement, brokered by Guinea-Bissau’s president Umaro Sissoco Embalo, brings a historic conclusion to the 40-year-long low-key struggle for independence by Casamance rebels in the southern […]

ExxonMobil secures exploration acreage offshore Egypt

ExxonMobil announced earlier this week it has secured more than 1.7 million acres for exploration offshore Egypt. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “We look forward to working with the government and deploying our proven expertise and advanced […]

Tough Days Ahead for Algeria’s Currency

The health of Algeria’s currency, the dinar, has always been measured against oil prices. The end of the era of expensive oil in late 2014 has sent the dinar dwindling in value as Algeria continues to squander its oil mantra avoiding painful reforms to diversify its economy. Since the beginning of this year, the dinar […]