Managem-Glencore-cobalt recycling

Algeria’s economic isolation deepens as EU Blacklisting triggers financial fallout

Algeria is entering a phase of deepening financial isolation following its inclusion on the European Union’s updated list of high-risk countries for money laundering and terrorism financing. While the blacklisting was formalized on June 10, 2025, its consequences are now materializing across Algeria’s already fragile financial system, exposing long-standing structural weaknesses. The EU’s decision, aligned […]

Egypt ordered six AASM Hammer missiles from French Sagem

The French company Sagem said it has signed a major contract with the Egyptian Ministry of Defense for AASM Hammer air-to-ground missiles to be deployed by the Egyptian air force. This new contract comes just after Egypt purchased 24 Rafale omnirole fighters from Dassault Aviation. “We will deliver the first AASM Hammer missiles by the […]

EU loans Tunisia €200m for SMEs financing

Tunisia has ratified a loan agreement with the European Union for €200 million to be tapped by the country’s Small and Medium Enterprises (SMEs). The deal for the credit line which includes €50 million in form of grant, was signed back in June last year and covers the 2021-2023 period. The financing aims to boost […]