Lawmakers in Egypt on Sunday criticized President Abdel Fattah al-Sisi’s recent fiscal reforms. The 25-30 Alliance, a bloc of a small number of opposition MPs, demanded in a statement that Sisi cancel what it called “errant economic decisions” affecting the lower and middle classes. Egyptian President Abdel Fattah al-Sisi has revived the North African nation’s […]
After recalling its ambassador to France last month, the Algerian government is now refusing to deliver temporary consular passes for the repatriation of its nationals expelled from French territory. The move comes in retaliation for the intervention of French consular services in Tunis, preventing the extradition of French-Algerian journalist Amira Bouraoui. After her arrest on […]
African Development Bank (AfDB) has asked policymakers to put in place an orderly and predictable way of dealing with Africa’s ballooning, unsustainable external debt pile that reached $824 billion in 2021. Africa’s $824 billion debt burden, the servicing of which requires countries to dedicate 65% of their GDP, and opaque, non-transparent resource-backed loans hamper the […]
