horst-koehler

Burkina Faso rally calls for ‘sovereignty’ without France, endorses junta in power

Several thousands of demonstrators rallied in Burkina Faso’s capital on Saturday (28 January) in support of the ruling junta, a few days after the confirmation of the departure of France special forces from the country by February. Packing Nation Square in central Ouagadougou, demonstrators held signs bearing slogans including “Down with imperialism,” “Down with French […]

Algeria slashes spending by 50% due to drop in oil earnings & Coronavirus impact

The Algerian economic model, which is depending heavily on oil & gas revenues, is seemingly crumbling. The new financial realities have shown that its former decade’s high spending is no longer possible with the rapidly depleting state coffers and widening deficit. Hit hard by a sharp drop in oil prices on the international and the […]

Tunisia: Political process positive but economy lingering behind, Central bank

Tunisia’s central bank has applauded the “positive development in the political process” after the successful parliamentary and presidential elections but signaled that the results are yet to have a strong impact on the economy for now as the beginning of the year was “characterized by negative economic indicators” amongst which are the industry and tourism […]