Nigeria deforestation

Panic in Algiers, Tindouf as US pushes peace deal, backs autonomy plan

Under mounting pressure ahead of what diplomats describe as a “historic vote” at the UN Security Council later this month, Algeria and its proxy, the Polisario Front, are scrambling to project an image of flexibility. The separatist group announced a so-called “expanded proposal” for a political solution to the Sahara conflict, a move widely seen […]

South African luxury Tycoon dethrones Nigeria’s Dangote as Africa’s wealthiest

In a surprising shift atop Africa’s wealth pyramid, South African business magnate Johann Rupert has claimed the title of the continent’s richest person, surpassing long-time leader Aliko Dangote of Nigeria. This changing of the guard reflects the volatile nature of global markets and regional economies. Rupert, the 74-year-old mastermind behind the world’s largest luxury watchmaker, […]

Egypt calls back banned investors

In a move to bring Egypt’s growth back to its pre-revolution era, Investment minister Yehya Hamed declared that he was ready to negotiate with businessmen close to Mubarak who fled Egypt during and after the revolution. The goal is to bring the economy to a 7% annual growth rate, allowing the country to breathe. According […]