Algerian Walid Nikkech tortured by security forces

Somalia formally joins East Asian Community but enormous security challenges remain

Somalia has finally been admitted to the East African Community (EAC) as its eighth member, thirteen years after its original application to join, as the economic bloc seeks to expand free trade across the region. Somalia was officially admitted to the East African Community (EAC) at the Summit of the East African Community (EAC) Heads […]

Morocco sells $3 bln in triple-tranche bond

Morocco has successfully sold an international bond worth 3 billion dollars composed of three parts, the finance ministry said. The bond is divided into securities of 7 years, 12 and 30 years each worth 750 million dollars, 1 billion dollars and 1.25 billion dollars, the ministry said. The deal is the higher amount raised by […]

Algerian army scapegoats two former PMs ahead of unpopular elections

Two Prime Ministers who both served under President Abdelaziz Bouteflika were sentenced to lengthy prison terms on corruption related charges in a move that aims to appease the anger of Algerian protesters ahead of unpopular elections next Thursday. Ahmed Ouyahia and Abdelmalek Sellal, close allies of Bouteflika, received 15 years in prison and $16,000 in […]