alstom-libya

Tough Days Ahead for Algeria’s Currency

The health of Algeria’s currency, the dinar, has always been measured against oil prices. The end of the era of expensive oil in late 2014 has sent the dinar dwindling in value as Algeria continues to squander its oil mantra avoiding painful reforms to diversify its economy. Since the beginning of this year, the dinar […]

Egypt, Greece to carry out feasibility studies for underwater electricity interconnection project

Egypt and Greece are working to hire an international consultancy office to carry out feasibility studies for the $4 billion electricity interconnection project between the two countries, Asharq Business reports, citing 3 unnamed sources familiar with the matter. “Selecting a consultant is the most important step of the project,” one of the sources said, adding […]

Sierra Leone: 13 army officials arrested, 34 wanted in wake of ‘attempted coup’

A delegation from the ECOWAS Commission and Nigeria’s government, on Tuesday, (28 November) met with Sierra Leone’s President Julius Maada Bio, in an apparent show of solidarity for the country’s government following a recent deadly attack on the armory, expressing the West African bloc’s commitment to “the deployment, if need be, of regional elements.” The […]