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Algeria: $58 billion of Foreign Exchange Reserves Lost in 2 Years
Collapse of oil revenues and sharp increase in importations have caused a huge dent in Algeria’s foreign reserves with figures pointing at $58 billion loss since 2014; year of exceptional growth, the country’s Prime Minister said on Sunday. Prime Minister Abdelmalek Sellal at a tripartite meeting including government, worker’s syndicate and employers, indicated that Algeria […]
Libya: UN Advisor Stephanie Williams to remain in office at least for one more month; delay in appointment of new envoy
The UN Secretary General’s Special Adviser for Libya, Stephanie Williams, is set to remain in office for at least one more month in office, Italian news agency Nova has learned. Unnamed Libyan sources reportedly told the agency the US diplomat will remain in the post, because of the vacancy for a chief of the U.N. […]
Guinea leader’s party wins parliamentary majority
The electoral commission in Guinea has announced the party of President Alpha Condé as a winner of last month’s parliamentary elections, which the opposition boycotted. Conde’s ruling Rally of the Guinean People (RPG) won 79 of 114 seats in the National Assembly, the commission said Wednesday evening. The government had already declared victory in […]



