international Bonds

Algeria’s economy in the red after oil price drop

Algeria will have to further tighten the belt as barrel prices drop to below $60, boding ill for its export, fiscal deficit, and social peace. Algeria has based its 2025 budget on a barrel price of $70, with over 90% of the country’s economy dependent on oil, gas and byproduct exports. International risk consultancies are […]

Tunisia: Fugitive sentenced in absentia to 37 Years in prison for terror charges

A Tunisian criminal court specializing in terrorism has handed down on Tuesday a 37-year prison sentence to a young man convicted in absentia, following a complaint lodged by a sitting female Member of Parliament. The charges stem from a series of Facebook posts made by the defendant, which were deemed inflammatory and threatening. The posts […]

Nigeria to build refinery with 100,000 liters per day capacity

Nigeria’s Gasoline Integrated International is planning to build a refining capacity of 100,000 liters per day and other petroleum products, for a total investment of 3 billion naira ($68 million), reports say. The project, according to Ogun State Governor Dapo Abiodun, is expected to produce 400,000 liters per day in the long run. The refinery […]