North Africa’s Economy
Aviation: Post-Covid Africa remains lackluster market for Boeing and Airbus ($)
Sahel: Burkina Faso junta issues decree to requisition gold from mining companies ($)
Algeria’s aid agency to spend US$1 billion on African development
Algerian President Abdelmadjid Tebboune said Sunday the North African nation will allocate a billion dollars to finance development projects across the continent through the Algerian Agency of International Cooperation for Solidarity and Development. The official APS...
Africa: Troubled African nations say they want to restore some “democratic” order
By Hillary Orinde: The African Union insisted on Sunday it had "zero tolerance" for undemocratic changes of power and vowed to push through a continent-wide free trade deal as it wrapped up a two-day summit. Leaders of the 55-nation bloc met in the Ethiopian capital...
Africa: Nigeria’s economy in Turmoil as country braces for a tense presidential elections
By Joel Olatunde Agoi: Like millions of fellow Nigerians, Rotimi Bankole says he wants to use Saturday's presidential elections to push for a better life in his oil-rich but crisis-ridden country. Double digit inflation, weak economic growth and mounting insecurity...
Construction of a Morocco-Spain tunnel under consideration but challenges abound
By Valentin Bontemps: In limbo for years, plans for a tunnel linking Spain and Morocco have been officially revived by Madrid and Rabat although the dream of an underwater rail link faces multiple obstacles. What is the project? The idea was first raised in 1979 by...
Egypt: Sisi visits India, paves way for greater bilateral cooperation
Egypt and India announced Thursday a "strategic partnership" to increase trade by billions of dollars and strengthen diplomatic ties, as President Abdel Fattah al-Sisi concluded a visit to New Delhi. Facing a worsening economic crisis, Egypt is scrambling to boost...
Energy: Libya says agreement on major gas development project reached with Italy’s ENI
Egypt: Channeling more than 1.4 billion tons of cargo, Suez Canal sees revenues up 77% in 2022
Energy: New Italian PM heads to Algeria to secure more gas
Italian Prime Minister Giorgia Meloni agreed Monday to strengthen energy cooperation with Africa's top gas exporter Algeria, the latest European country seeking supply deals to help reduce reliance on Russia. "Facing the great energy crisis that Europe in particular...