economy upfront Bound

Africa: Nigeria’s economy in Turmoil as country braces for a tense presidential electionsF

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 aboundF

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: Channeling more than 1.4 billion tons of cargo, Suez Canal sees revenues up 77% in 2022F

Egypt's Suez Canal Authority announced Wednesday an all-time annual revenue record, earning $8 billion in transit fees in 2022, as the country balks under a worsening economic crisis. The income from the vital waterway is about 25 percent higher than the $6.3 billion...

Energy: New Italian PM heads to Algeria to secure more gasF

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...

Libya: Decade-long Libya-Europe flight suspension ends with new Tripoli-Rome routeF

Libya: Decade-long Libya-Europe flight suspension ends with new Tripoli-Rome routeF

Sep 30, 2023

A Rome-bound aircraft departed on Saturday from Libya's capital, restarting flights to Italy after a nearly...

Morocco: Uncertainty looms in the tourism sectorF

Morocco: Uncertainty looms in the tourism sectorF

Sep 10, 2023

By Anne-Sophie Labadie: Marrakesh's ancient medina was nearly empty on Sunday after a deadly earthquake that hit...

Mali, a leading producer of gold, manganese and lithium, shakes up mining sectorF

Mali, a leading producer of gold, manganese and lithium, shakes up mining sectorF

Aug 29, 2023

Mali has adopted a new mining code allowing the state to take up to 30 percent stakes in new mineral projects and...

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