Algeria Hirak

Interpol arrests wanted Mozambican kidnapping master in South Africa

Police in South Africa has announced the arrest of wanted 50-year-old Mozambican suspected to be the mastermind of a lucrative kidnapping ring for ransom. Esmael Malude Ramos Nangy is wanted in his country and by Interpol for organizing kidnappings for ransom which can reach several million dollars in the country affected by the phenomenon for […]

Tigray conflict: EU sanctions Addis Ababa, suspends €90 million budget aid

The European Union has decided to sanction Addis Ababa over the crisis in the Tigray region by suspending the payment of a €90 million budget aid. The decision is part of the 27 European countries’ call for a cessation of hostilities. Concerned about the deteriorating humanitarian situation caused by the conflict in the Tigray region, […]

IMF: Algeria Still Undergoes Major Difficulties Due to Lower Oil Prices

Algeria continues to face important challenges posed by lower oil prices, says the International Monetary Fund Executive Board after concluding Article IV consultation with the North African country. Economic growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016, partly under the effects of spending cuts. Inflation increased from 4.8 percent in 2015 to […]