Algeria will have to further tighten the belt as barrel prices drop to below $60, boding ill for its export, fiscal deficit, and social peace. Algeria has based its 2025 budget on a barrel price of $70, with over 90% of the country’s economy dependent on oil, gas and byproduct exports. International risk consultancies are […]
The African Union summit in Niamey brought together heads of state in the continent to launch a continental free-trade zone that, if successful, would unite 1.3 billion people and create a $3.4 trillion economic bloc. So far, 54 African State agreed on the accord setting up the African Continental Free Trade Area (AfCFTA), which would […]
Tunisia’s President Kais Saied is expected to travel to Russia “soon” to attend the space trip of the first Tunisian astronaut, the North African country’s ambassador to Moscow has revealed. “We are currently working to organize the visit of the President of the Republic to Russia and as soon as possible,” Tarak Ben Salem told […]
