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German Chancellor calls for reconsidering restrictive arms exports to Africa

German Chancellor Angela Merkel has called on her country’s lawmakers to rethink restrictive arms export policies towards Africa, arguing the restrictions are not in Germany’s best interest.   The chancellor, who was addressing the German parliament, the Bundestag, on Wednesday, made the case for more engagement in Africa’s Sahel region, where the threat of destabilization […]

Egypt: Debt payment delayed, Gulf oil grants over, Minister Ismail

Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]

Tunisia: The Aerospace Industry in Danger

Latelec manifested its desire to leave the shores of Tunisia, after a heavy loss due to frequent strikes caused by the revolution. An estimated loss of $22,5million has been registered by the French company which is a subsidiary to the group Latécoère. The company has plants in El Meghira and Charguia but the operations have […]