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Elections alone won’t deliver a new Tunisia while economy drifts

Abdelaziz Bouteflika’s announcement that he will not seek a fifth term as Algerian president has once again raised questions of gerontocracy and failed governance in Africa. Tunisian head of state Béji Caïd Essebsi benefits from a degree of popular legitimacy but many...

From decolonisation to global trade, African Union plays a bigger role

The advisory ruling that the UK’s sovereignty claim over the Chagos Archipelago in the Indian Ocean is illegal, voted 13-1 by judges at the International Court of Justice (ICJ) on 25 February, was a triumph for Chagossians exiled in the mid-1960s in a discredited deal that...

Blackstone pullout reflects loss of patience from commercial investors

It has been known for some time that Blackstone Group was unhappy with Black Rhino Group, but the announcement that the global investor will pull out of its African energy and infrastructure vehicle is a reminder that international money won’t wait around. Blackstone had...

African growth under pressure as economic storm clouds gather

Updated forecasts from the International Monetary Fund (IMF) show global expansion weakening with the world’s gross domestic product (GDP) growing by an estimated 3.7% in 2018, and forecast at 3.5% in 2019 and 3.6% in 2020. The projections are downward revisions from October’...