Ethiopia solar plants

No end to diplomatic tensions between France & Algeria: French anti-terror prosecutors indict three individuals for abduction of Algerian dissident

It seems that there will be no end to diplomatic tensions between France and Algeria. Just as the two countries were trying to mend their months-long strained relations, following France’s clear-cut support to Morocco’s sovereignty over its Sahara, French anti-terror prosecutors have indicted three men in connection with the April 2024 kidnapping of Algerian dissident […]

Algeria: 2021, another Annus Horribilis for military junta, de facto rulers

Algerians from all walks of life continued to suffer in 2021 from acute shortage of bread, milk, cooking oil, potatoes, sugar, pasta, oxygen for covid-19 patients and ICU beds, while their rulers are squandering the country’s petrodollars on military expenditure. Such explosive social situation with deepening political crisis is fueling Hirak pro-democracy protestors demanding a […]

Egypt converts fund into notes, bonds underway

The Governor of the Egyptian central bank, Hisham Ramez, has said that they have converted $2,5billion into 18-month notes and there are ongoing plans to convert an extra $3 billion into three-year bonds. The monies were provided by Qatar as deposits to the bank as part of its efforts to help Egypt overcome its crisis […]