WB & IMF

Zimbabwe Launches Major Debt Resolution Initiative Amid Economic Challenges

Zimbabwe has initiated ambitious plans to address its $12.7 billion external debt through a high-level conference bringing together creditors and finance executives. The meeting, featuring President Emmerson Mnangagwa and African Development Bank leadership, aims to chart a path toward clearing arrears and accessing international capital markets. The nation’s debt burden, representing 81 percent of GDP, […]

Italian company winner of mega energy contract in Algeria victim of blackmail

An Italian company operating in Algeria is currently victim of blackmail from some corrupt individuals of the North African country’s energy giant Sonatrach after landing a major energy contract, Algérie Part reports. Maire Tecnimont, an engineering and consultancy company present in Algeria for several years, last month won a tender launched by Sonatrach for the […]

Could Chad be the next Sahel state to end military cooperation with the US?

Chad has sent a letter threatening to end security cooperation with the US, a move already taken by neighboring Niger last month amid growing ties between Sahel military-ruled countries and Russia, CNN reported. Sahel countries- Burkina Faso, Mali, and Niger together with Chad- have already ended France’s military presence in the region, marking an anti-Western […]