egypt-imf

Algeria’s Air Force Dilemma

Algeria boasts the biggest military budget in Africa but its military doctrine and over dependence on Russian weapons combined with a lack of international experience cast a shadow over efficiency. The frequent airplane crashes and accidents in the Algerian air force fleet are but a tree that hides a forest of mismanagement and a lack […]

Morocco’s King Supervises in Person the Airlifting of Humanitarian aid to Gaza

King Mohammed VI supervised in person at the Casablanca International Airport on Tuesday the airlifting of humanitarian aid destined to the Palestinian people. Besides the deployment of a Royal Armed Forces Field Hospital in Gaza, the humanitarian assistance is made up of blankets, drugs, as well as foodstuffs donated by the Mohammed V Foundation for […]

African govts in fiscal bind amid high interest rates and debt squeeze

With the interest rates likely to stay high in 2024, governments across Africa are presented with a unique challenge and dilemma as they struggle to pay off rising levels of accumulated debt at the same time as they are being urged by the International Monetary Fund (IMF) to cut costly fuel subsidies and raise more […]