Business & Economy Bound

Algeria: Labor unrest intensifies as general prices rise. Country’s outlook compromisedF

Stress in he Algerian labor market has been intensifying in the face of a dormant government. Government action in the North African country has been dormant, with no policy directions coming from either the presidency or the prime minister's office. All government...

Egypt, Ethiopia and Sudan launch another attempt at negotiations over Nile damF

Foreign ministers from Egypt, Ethiopia and Sudan held talks in Kinshasa on Sunday over Addis Ababa's contested giant dam on the Nile, seen as vital by Ethiopia and a threat by downstream Egypt and Sudan. "These negotiations represent the last chance that the three...

Egypt: Negotiations over Ethiopian dam project going nowhereF

Egyptian President Abdel Fattah al-Sisi warned Tuesday that Ethiopia's enormous dam project, upstream on the Nile, risked causing "unimaginable instability". The dispute over the Grand Ethiopian Renaissance Dam (GERD) has been simmering for around a decade and...

Egypt: Suez Canal reopens after container ship refloatedF

By Hager Harabech with Mona Salem in Cairo - Suez, Egypt, March 29, 2021 (AFP) - The MV Ever Given was refloated and the Suez Canal reopened on Monday, sparking relief almost a week after the huge container ship got stuck during a sandstorm and blocked a major artery...

Economy: Morocco’s central bank ups interest rates to slowdown surge in inflationF

Sep 27, 2022

Morocco's central bank on Tuesday raised interest rates by 50 basis points to 2.0 percent in an effort to slow down a...

Environment: Severe floods wreck havoc on West African agricultureF

Sep 27, 2022

By Aminu Abubakar Nigeria rice farmer Adamu Garba squelched barefoot through his paddy fields, surveying damage from...

Italian media question Algeria’s ability to supply promised natural gas, ENI on the defensive ($)F

Italian media question Algeria’s ability to supply promised natural gas, ENI on the defensive ($)F

Sep 22, 2022

The Italian media has reported this week about the alleged difficulties faced by the Algerian state-onwed oil company...

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