Plummeting oil prices and dwindling revenues prompted the Algerian government to adopt austerity measures including tax hikes and subsidies cuts leading to protests, notably in the restive south and northeast of the country. Algeria, which has nurtured a system based on generous handouts to the population taking the form of subsidies to fuel, electricity, housing […]
The World Bank’s Board of Executive Directors has approved a $300 million loan (€271.8 million) to support the strengthening of Morocco’s municipalities, an objective that is part of the Kingdom’s broader efforts to upgrade urban services and turn urban conglomerations into engines of growth and job creation. The Municipal Performance Project aims to build capacity […]
The African Union (AU) has a “zero tolerance” policy toward unconstitutional change, the bloc’s leaders insisted at the end of their two-day meeting in Addis Ababa on Sunday (19 February), as they decided to maintain suspension of four military-ruled countries. The annual AU meeting aimed to jumpstart a faltering trade deal but the leaders also […]
