Economists warned Tunisia could plunge into an inflationary spiral if the central bank accepts direct financing of the state budget. Inflation was already at 8.1% in December and is expected to further raise and take a monetary character if the central bank accepts direct funding of the government. Tunisia’s president Kais Saied has asked for […]
The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy. The Energy Inclusion Facility (EIF) will distribute the loan among major project promoters and off-grid suppliers across the continent. According to the pan-African financial institution, $100 million will go to off-grid providers to enable them expand their […]
Morocco has reiterated to the UN envoy to the Sahra Staffan De Mistura that the resumption of round tables is only possible if Algeria takes part, the foreign ministry said. Moroccan foreign minister Nasser Bourita held talks with Staffan De Mistura on April 4 in Rabat marked by “frankness and a positive and constructive spirit,” […]
