Algerians woke up to renewed queues on cooking oil and bread in 2022, two commodities that joined a list of long essential goods whose prices spiked under the impact of high inflation and import cuts. The queues indicate shortages coupled with a high inflation of basic products under the impact of a state policy to […]
Nearly two months after reports emerged showing African migrants sold out as slaves in Libya, the African Union launched a repatriation operation that saw 13,000 migrants return to their homelands since last December. Speaking to the press, Chairperson of the African Union Commission, Mahamat Faki, noted that the number is still below the goal set […]
Algeria’s central bank Tuesday issued a stimulus package including ability for retail lenders to defer loan payments for firms, which have been financially affected by the coronavirus crisis. Banks will continue to finance customers benefiting from loan payment deferrals, while reducing their minimum liquidity requirement to raise funding levels. The North African country has been […]
