President of Algeria Abdelmajid Tebboune

Mali: five people killed in rare attack near capital Bamako

Armed men Monday (2 January) attacked a civil defense post in a small southwest town in Mali in what was a rare attack near the capital Bamako, killing five people, Mali’s security ministry has said. The ministry said in a statement Tuesday (3 January) the unidentified armed individuals attacked the defense post in the town […]

EU imports of South African coal surge eight-fold, replacing Russian fossil fuels

South Africa’s coal sales to Europe rose eight-fold during the first six months of 2022 compared with last year as demand for the fossil fuel surged ahead of a ban on Russian coal, according to Thungela Resources, a South Africa-based thermal coal exporter. The European Union banned Russian coal imports in response to the invasion […]

Egypt: reserve recession rate could decline soon

Governor Hisham Ramez of the central bank has said that the foreign cash reserve recession rate may decline by next month. The central earlier on this month announced that the reserves had reached US$13.6 billion, which would amount to a 16-year low, compared to $36 billion on the eve of the 2011 uprising that ousted […]