Mali, Central African Republic (CAR) and other African countries, which sought closer ties with Russia that provided them, through Wagner Group, with military support, now — following Prigozhin’s armed revolt against the Kremlin — need to carefully assess the implications of these developments and take proactive measures to mitigate any potential risks, says a latest […]
The World Bank Doing Business 2016 report categorizes Algeria among countries “hostile’’ to investment, placing the country at the 163rd rank out of 189 countries, with Singapore topping the rankings. Despite a myriad of efforts to stimulate economic revival following a plunge of the country’s economy due to the collapse of oil prices, Algeria is […]
Trade exchanges between Russia and Africa should move away from the US dollar and be facilitated by transition to national currencies, Russian President Vladimir Putin has said, just as Tanzania and India have inked an agreement establishing a platform by which their bilateral trade will be carried out in their own currencies, not the dollar. […]
