The International Monetary Fund’s executive board has rubber-stamped a $271 million Extended Credit Facility meant to address the country’s protracted balance of payments needs, rebuild external buffers and support the government’s reform agenda. The Washington-based financial bilateral lender will disburse $62.6 million immediately. The loan is Burundi’s first Upper Credit Tranche-quality arrangement with the IMF […]
Demonstrations on public roads are suspended until September 15. The announcement was made in the Council of Ministers on Wednesday August 19, two months before the presidential election. The ban is the consequence of the deadly violence that marred ome demonstrations last week. It was made under the state of emergency in force in Côte […]
Algeria’s former Prime Minister Abdelmadjid Tebboune had won Thursday’s presidential election. He secured 58% of the vote, enough to forego a second round, the electoral body said. The final voter turnout was 40%, the electoral body’s head said in a televised news conference in Algiers. Tebboune, who served as housing minister under Bouteflika and briefly […]
