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The Spectre of Voter Apathy Haunts Algeria’s Parliamentary Elections

As Algeria braces for Parliamentary elections on May 4, 2017, the FLN-led government sees the upcoming polls as a means to keep the political status quo feeding the disenchantment of a population battered by worsening economic conditions. The 2017 parliamentary elections are taking place in a context marked by an acute crisis reminiscent of the […]

Libya Issues Licenses to 91 New Foreign Exchanges Bureaux amid Dinar Slide and Cash Crisis

The Central Bank of Libya (CBL) has granted final practice permits to 91 companies and foreign exchange bureaux, as the Libyan dinar fell to 8.17 against the US dollar on the black market, amid ongoing cash shortages. The decision was announced on Tuesday, December 9. The CBL said the latest licensing forms part of its […]

Sub-Saharan Africa holds $193bn renewables investment opportunity, high ROI, study shows

Sub-Saharan Africa offers opportunity for a $193-billion investment in renewable energy sector by 2031, including utility-scale wind, solar, storage and transmission projects, which may yield an internal rate of return of 15% to 21%, much higher than with similar projects in Europe and the United States, according to a new study. “Africa represents a significantly […]