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Congo slams Societe Generale’s sale of its local branch to Vista Group
Authorities of Congo Brazzaville have rejected Societe Generale’s sale of its country subsidiary to Vista Group because the bank did not give it a right of first refusal, and wields legal action, Reuters reports. The Finance ministry of the central African country in a statement indicated that it was surprised by the announcement by SocGen […]
Algeria’s weakening gas and oil export capacity cast shadow on fragile social peace
Algeria’s dim reality is that it has an endemic reliance on gas and oil for over 95% of its exports as well as for generous subsidies to maintain social peace. But will Algeria be able to continue to export gas and oil amid a rise in domestic consumption? This is the scenario that the military […]
Libya: Clashes in Janzour expose fragility of security deal
Heavy clashes broke out on Sunday in Janzour, west of Tripoli, between rival armed groups affiliated with Prime Minister Abdul Hamid Dbeibah’s Government of National Unity (GNU). Fighting erupted after Mahmoud Boujaafar’s Joint Force stormed the Sixth Brigade headquarters led by Munir Al-Sweih, sparking a counterattack with medium and heavy weapons. The violence forced the […]



