Economic sectors

Ceasefire No Substitute for Justice, Says Ramaphosa on Gaza Genocide Case

South African President Cyril Ramaphosa has declared that the recently brokered Gaza ceasefire will not halt his country’s pursuit of justice at the International Court of Justice (ICJ), where Israel faces allegations of genocide. Speaking in Parliament on Tuesday (14 Oct), Ramaphosa reaffirmed South Africa’s commitment to the case it filed in December 2023, stating: […]

Algeria’s economy in the red after oil price drop

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 […]

Corruption scandal at a South African-based organization

An internal investigation was launched within the African Peer Review Mechanism (APRM), after several complaints were leveled against this instrument of the African Union for corruption, nepotism, favoritism and intimidation. Paris-based “Jeune Afrique” which reported the news said it took knowledge of the 26-page audit document drafted in July by APRM employees.   The document […]