51st Munich Security Conference

World Bank loans Tunisia €82.5m to support covid-19 vaccine campaign

Tunisia Thursday subscribed for a €82.5 million loan from the World Bank, destined to support the vaccination campaign against the COVID-19 pandemic.   The agreement for the subscription, in the pipeline since December, was signed by Tunisian Finance Minister Ali Kooli and WB Manager for Tunisia. The loan will come to maturity in 2039 at […]

Algeria’s Foreign Exchange Reserves to Shrink to $85 bln by end of 2018

The Algerian government has started to feel the heat of the falling oil and gas revenues, as the country’s foreign exchange reserves are expected to further drop to $85 billion at best, barely enough to cover 18 months of imports. The figure was recently announced by Algeria’s finance minister Abderrahmane Raouya who told MPs that […]

US airstrike kills founding member of al-Shabab, Yusuf Jiis

The United States announced it has killed a founding member of the militant Islamist group al-Shabab, Yusuf Jiis, in an airstrike in Somalia carried out on April 2. The US Africa Command said in a press release Tuesday that its post-strike assessments confirm that one of the three terrorists killed in the command’s Apr. 2 […]