francophonie summit

Libya: NOC announces drilling of 5 new wells with a combined output capacity of 12,000 bpd

The National Oil Corporation (NOC) announced on Wednesday the successful drilling and restarting of five new wells since the start of October, with a combined production capacity of around 12,000 barrels per day (bpd). According to the NOC, Mellitah Company has restarted well “A-28” in the Abu Attifel oil field, a move aligned with the […]

Fixing Africa’s triple set of dilemmas: high debt, large govt spending, collapsing currencies

Governments of highly indebted African countries need to take a number of steps to alleviate the stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilizing domestic currencies. While South Africa’s elevated public debt at 74% of GDP has almost doubled over the last decade, Kenya’s debt interest payment as a […]

Tunisia: Minister of Social Welfare survives road accident

Malek Ezzahi, Tunisia’s Minister of Social Welfare survived Monday January 1 a road accident which also involved his family, state-run radio broadcaster reported.   The incident occurred on Monday afternoon. Ezzahi and his daughter reportedly sustained many injuries in the accident deemed serious. The broadcaster did not provide further details.   Ezzahi was appointed in […]