algeria-anger-protests

Egypt vows to defend its water security ‘uncompromisingly’ if damage occurs due to GERD

Egypt’s Minister of Foreign Affairs, Badr Abdelatty, reaffirmed the country’s right to safeguard its water security in response to the challenges posed by the Grand Ethiopian Renaissance Dam (GERD), asserting that Egypt will protect its interests in line with international law. In an interview with Asharq News published on September 22, Abdelatty highlighted the existential […]

Mastercard ventures into African fintech, snapping up $5.2bn stake in continent’s no.1 telco

Mastercard has acquired a minority stake in the fintech subsidiary of South African telecommunications giant MTN in a deal valued at a whopping $5.2 billion, whereby the partnership will see Africa’s biggest mobile company to strategically leverage the US giant’s technology for its payments and remittance expansion in the continent. By snapping up the minority […]

Trump’s Administration Hits Algeria’s Steel with 127 % Anti-Dumping Duties

The U.S. government has decided to impose 127 % anti-dumping (AD) & Countervailing duties (CVD) on imports of steel concrete reinforcing bar (rebar) from Algeria, accused of subsidizing its steel sold in the United States at less than fair value (LTFV). An anti-dumping and Countervailing duties are imposed by Washington on unfairly priced imports to […]