TunisAir

Algerian Authorities Fear Morocco’s Return to African Union

As the next African summit scheduled in Addis Ababa (Ethiopia) in January 2017 draws closer, a summit during which Morocco is expected to rejoin the African Union, Algerian authorities are getting more and more nervous. They are already feeling the heat, knowing that they have no more room to play alone in the African court. […]

Africa offers new solutions to avoid risks derailing net-zero energy transition — WEF report

Ahead of its annual meeting taking place in Davos in Switzerland, the World Economic Forum (WEF) says that short-term fixes to the energy crisis including subsidies and coal consumption could imperil the transition to net-zero, while proposing several solutions that have a special resonance in the context of some African countries, such as Senegal and […]

Algeria proceeds to urgent spending cuts to delay bankruptcy

Time and money are running out for Algeria as it eats into its foreign reserves trying to avert the inevitable: bankruptcy. The country’s Prime Minister Abdelaziz Djerad has ordered an urgent spending cut to try to offset falling income from oil and gas.     An unexpected rise in spending in 2020 due to the […]