oil refinery

Sudan: First Prime Minister Appointed by Army Chief since Conflict Started in 2023

Following months of consistent military advances against its paramilitary rival, Sudan’s army chief on Monday, May 19, named Kamil al-Taib Idris as the nation’s first Prime minister since the civil war broke out in the country two years ago. Gen. Abdel-Fattah Burhan, the head of the military, has long praised Kamil al-Taib Idris for taking […]

Algeria risks bleak economic prospects in 2026 as Oil prices slump

Algeria’s state-led economic model faces growing vulnerabilities as global oil prices weaken and fiscal imbalances deepen, while diversification stalls. Latest IMF and World Bank assessments reveal a troubling mix of widening deficits, persistent unemployment, and distorted macro indicators that mask underlying fragility. The IMF projects average oil prices at $65.8 per barrel in 2026, down […]

Algeria: Interim President sets presidential election on December 12

Algeria’s Interim President Abdelkader Bensalah has announced December 12 as the date of presidential elections after army and protests forced former leader Abdelaziz Bouteflika to step down early April. Bensalah announced the date in a speech on Sunday as he also dismissed the Secretary General of the High Independent Authority for Election as part of […]