Guinea-Bissau: president dissolves parliament after ‘coup attempt’, fresh elections planned

Guinea-Bissau’s President Umaro Sissoco Embalo has dissolved the nation’s opposition-dominated parliament ahead of fresh elections and shortly after armed clashes in the capital Bissau that he describes as an “attempted coup d’état” and which plunged the small West African nation into yet another crisis. “The date of the next legislative elections will be set at […]

Tunisia: Arrest of former Premier Hamadi Jebali

Tunisia’s police forces arrested Thursday ex-Prime Minister Hamadi Jebali in the city of Sousse without providing details. The defense team of the defendant told Business News reports that Jebali has been taken to the antiterrorist brigade in El Gorjani, in capital city Tunis. Jebali, according to his team of lawyers, would not answer the investigators’ […]

Tunisia turns to domestic banks to fund national budget over lack of foreign lending

The Tunisian government has been mounting pressure on local financial institutions to fund the 2022 national budget as the country struggles to land foreign loans to close the project’s $2.8 billion budget deficit. The move is revealed by Ahmed El Karm, member of the executive board of Tunisia-based independent think-tank Institut Arabe des Chefs d’Entreprises […]