african-lion-3

Mauritania Consumer Group Decries Fuel Price Hikes as Additional Burden on Citizens

Mauritania’s consumer protection body has criticized recent increases in fuel prices, warning that the adjustments will deepen the economic hardship faced by citizens. The Forum of Consumers in Mauritania said the price hikes were not implemented progressively, raising concerns over their sudden impact on households already grappling with rising living costs. The group noted that […]

Egypt: EGPC to convert petroleum debts into bonds

Authorities overseeing the Egyptian General Petroleum Corporation (EGPC) are considering the conversion of their debts of more than $5 billion into bonds. The idea came as proposals and discussions with the Egyptian Central Bank to scrutinize it have resulted in a positive outcome. These debts are owed to foreign oil companies operating in the country. […]

Tunisia: Parliament Endorses Chahed’s Unity Cabinet

Nominal Prime Minister Youssef Chahed Friday won endorsement vote from the parliament as lawmakers in great number voted in favour of his unity government expected to address economic challenges faced by the North Africa Post. Out of the 217 parliament s members, 167 approved Chahed’s unity cabinet made of Islamists, leftists, unionists and independents. Tunisia, […]