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Arab League suspends summit over coronavirus fears
The Arab League said it will suspend its summit due late March in Algeria over fears of coronavirus. The Arab Leagues’ secretary general Ahmed Abul Gheit said the meeting may be postponed to the end of June as the virus continues to spread to new countries. Gheit said the exact date would be […]
Algeria’s Foreign Reserves Dwindle to $114 bln by end of 2016
Algeria’s finances have been severely battered by the slump in oil prices, dwindling from $178 billion in 2014 to $114 billion by the end of 2016, Algerian Prime Minister Abdelmalek Sellal said. Speaking to state television, Sellal set the tone for appeasing worries saying that the situation is under control as criticism mounts over the […]
Rough start to 2023: inflation persists in DRC, Senegal, S.Africa despite measures
Inflation constitutes one of the major economic problems all across Africa, with the food prices in the Democratic Republic of Congo (DRC) and South Africa continuing to rise significantly and with the Senegalese government announcing a rise in fuel and electricity prices starting from Saturday January 7. In its latest update on food inflation, the […]



