Tunisian bank workers commenced a two-day strike on Monday, disrupting all financial transactions as they pressed for wage increases. The action, organized by the influential UGTT union, followed the collapse of negotiations with the banking Council, which represents both public and private banks. Long queues formed at cash machines, though many appeared to be malfunctioning, […]
International think tanks and risk consultancies continue to draw bleak prospects for Algeria whose finances have been severely battered by low energy prices coupled with a decline in output and an increase in domestic consumption. In a detailed report, Statfor, a US firm specialising in geopolitical risk analysis, warns of the unravelling of Algeria as […]
The Congolese government has inked an agreement with the pan-African investment platform Africa50 to mobilize funds for tripling the capacity of the Congo Power Station. The infrastructure, which currently has a capacity of 300 MW, should increase its capacity to 450 MW then to 900 MW by 2027. Increased production from the station could improve […]
