first libyan international economic forum in Rabat

Algeria becomes major buyer of German weapons (SIPRI)

Algeria, which is known as a traditional customer of Russian and Chinese arms, has become the major buyer of German weapons during the past four years, according to new data released by the Stockholm-based International Peace Research Institute (SIPRI).   In its report on global arms transfers between 2016-20, the Swedish Think-tank ranks Algeria as […]

De-dollarization in Africa: could BRICS currencies challenge greenback?

A recent report by Sputnik Africa claiming that the use of the Russian ruble for trade between Russia and Africa has more than doubled since 2022 is challenged by other sources that report a sharp dip in the share of ruble payments from 23.7% in mid-2022 to 12.7% in mid-2023. Russian ruble usage in international […]

Hungarian legislature green-lights deployment of troops to Chad

Hungary will send up to 400 troops to Chad to protect the interests of the European country and assist international forces in the region in the fight against terrorism. The decision was validated by the parliament on Monday November 6. The troops will arrive as late as December 31, Alwihda Info reports, citing local Hungarian […]