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Germany and EU Launch Water Management Initiative in Libya

The German Agency for International Cooperation (GIZ) has unveiled the Libya–EU Water Resources Management Facility, a joint initiative funded by the European Union and Germany to promote sustainable water management in Libya. Developed in partnership with Libya’s Ministry of Water Resources, the Italian Agency for Development Cooperation (AICS), and supported by Germany’s Federal Ministry for […]

Tunisia: Prime Minister Essid appoints a new cabinet

Tunisian Prime Minister Habib Essid amid growing criticism targeting his management of affairs appointed a new cabinet marked by 13 new entries including news secretaries at Foreign and Interior Ministries in a bid to boost efficiency. Most members of the former cabinet have kept their places following the reshuffle except handful of ministers including Foreign […]

Algeria’s FX Reserves Tumble 50 pc in Q1 2015 Raising Social Concerns

Algeria’s foreign exchange reserves plummeted by half in the first quarter of 2015 due to the fall in global crude oil prices, the country’s central bank said. The forex reserves went down by $ 19.02 billion to $159.9 billion in the first quarter of 2015, Algerian central bank added, noting that the sales of hydrocarbons […]