The International Monetary Fund (IMF) has announced that it will be holding back on negotiations for the $4,8billion loan to Egypt, because the country’s financial situation is worsening. It has decided to only continue with talks when it receives updated economic information and reform plans from the government. The freezing of negotiations which have been […]
Algeria’s energy minister Mohamed Argab, faithful to his regime’s policy of manipulating public opinion by telling half-truths, said his country’s hydrocarbons exports would increase 45% year-on-year to 50 billion dollars in 2022. The Algerian minister is comparing a year in which barrel prices rose to 123 dollars per barrel with 2021 in which the average […]
Africa, which has been spared the mass outbreak seen in China, Europe and elsewhere, is now facing the real risk of the virus spreading rapidly beyond capital cities underscoring the risk of weak health infrastructure. As the virus spreads to Africa’s rural areas, “a lack of tests and other supplies was hampering responses,” said WHO’s […]
