Business Egypt Emerging Markets Europe Headlines International

Turkey, Egypt to cooperate on natural gas, nuclear power

Turkish president Recep Tayyip Erdogan said his country looks forward to cooperating with Egypt on natural gas and nuclear power, following a visit to Ankara by Egyptian president Sissi during which trade cooperation deals were also signed. The two countries are willing to strengthen cooperation in the fields of trade, defense, health, energy, and the […]

Algeria Columns Headlines

Low turnout haunts Algerian elections

One day ahead of Algeria’s presidential election, few people are expected to cast their ballot in an election in which Tebboune, the civilian façade of the military regime, is seeking re-election. On the back of worsening economic conditions marked by double digit inflation, import restrictions leading to shortages of basic goods and endemic unemployment, turnout […]

Africa Emerging Markets Finance Headlines International

China’s billion-dollar promise: fueling Africa’s growth

China has unveiled an ambitious plan to strengthen its partnership with Africa, pledging $51 billion in fresh financing and promising to create at least one million jobs. President Xi Jinping announced this initiative at a major China-Africa cooperation summit in Beijing, attended by delegates from over 50 African nations. The comprehensive package includes support for […]

Africa Asia Headlines International

Mali gets Chinese military support, a hard blow to Algerian regime

Mali military rulers have sealed a military partnership with China amid heightened tension with the feckless neighboring Algerian regime, accused by Bamako of interfering in its domestic affairs and supporting terrorist groups threating its stability. Under an agreement signed in Beijing on the sidelines of the ongoing China-Africa cooperation forum, China will provide the West […]

Business Headlines International Libya

Libya seeks to restore flights with UK

The restoration of flights between Libya and the United Kingdom, particularly to cities with significant Libyan communities was discussed at a meeting between Head of Libya’s Civil Aviation Authority, Abdul Rahman bin Youssef, and British Ambassador to Libya, Martin Longden. The British diplomat agreed to liaise with relevant UK departments to support the Civil Aviation […]

Africa Energy Headlines International

Nigeria’s fuel crisis: A nation grappling with shortages, soaring prices

Nigeria is in the grip of a severe fuel crisis, characterized by widespread shortages and dramatic price increases. The state-owned Nigerian National Petroleum Corporation (NNPC) has raised fuel prices from 617 naira to 897 naira per liter, citing debts and rising global costs. This hike has triggered a domino effect, with private sellers pushing prices […]

Africa Headlines International

60% of Africa’s young people want to emigrate, driven by unchecked corruption

A staggering 60% of African young people are looking to leave their respective countries in the next five years in search of a better life, with unchecked corruption being the “single greatest hurdle” threatening their future on the continent, according to a new poll by the Johannesburg-based Ichikowitz Family Foundation. One-third of the nearly 420 […]

Headlines Libya

Libyan civil society organizations seek to hold Conference in Geneva to revive political process

A Swiss newspaper has reported on September 3 that representatives from Libyan civil society, as well as economic, political, and academic sectors, are intensifying their appeals to the United Nations to organize a Conference in Geneva to revitalize the political process in Libya. La Tribune de Genève highlighted that the ongoing tensions related to the […]

Africa Headlines International

DRC: at least 129 dead in botched escape attempt from country’s largest prison

At least 129 people were reportedly killed while trying to escape from the Democratic Republic of Congo’s (DRC’s) largest and chronically overcrowded prison in the capital Kinshasa. Congolese Interior Minister Shabani Lukoo said in a post on X on Tuesday (3 September) that “he provisional toll is 129 dead, including 24 by gunfire, after warning,” […]

Headlines Tunisia

Tunisia-2024 presidential election: Fraud accusations, ISIE refers the case to courts

Tunisia’s Independent High Authority for Elections (ISIE) announced on Wednesday, via its Facebook page, that it has referred the case of a rejected presidential candidate from the 2024 election to the courts. This action follows accusations of fraud and false declarations. According to ISIE, the candidate has allegedly concealed grounds for ineligibility, violating articles 291 […]