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Algeria bent on buying social peace at expense of undermining economy
Algeria’s 2024 budget confirms the country is bent on maintaining a model of rent distribution to buy social peace, wherein the state continues to use oil and gas money in non-productive spending while shunning reforms that could put the economy on a competitive track conducive to a welfare state. Buying social peace by bolstering wages […]
Egypt’s top companies complain about skill shortage as employment increases
Leading companies in Egypt are facing serious shortage of skills in the recruitment process, US-based online Nexford University has revealed in a report, Zawya reports. A survey conducted by the Washington institution that defines itself as a breeder of “leaders not followers”, shows that 78 percent of companies, including PWC, Pfizer and the National Bank […]
DR Congo to relocate 10,000 families from cobalt-rich region
The Democratic republic of Congo’s authorities will relocate some 10,000 families from a south-eastern town rich in cobalt estimated to be worth billions of dollars, local media reported. The mineral-rich nation produces 60% of the world’s supply of cobalt. The mineral is used to produce lithium-ion batteries used to power electric cars, laptops and smartphones. […]



