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Tunisia: trade deficit narrows at current prices
The trade deficit narrowed by 6678.4 million dinars (MD) in 2020 to -12757.8 MD against -19436.2 MD in 2019, according to a note on "Foreign Trade at current prices December 2020" published by the National Institute of Statistics (INS) Tuesday.
It states that this reduction is due to a stronger...
Tunisia: expat remittances hit record of 5.8 billion dinars in 2020
Expat remittances seem insensitive to the COVID-19 crisis.
According to data from the Central Bank of Tunisia (BCT), these remittances reached a record of 5.8...
Tunisia: Halk el Menzel oil field begins production
Oil field of "Halk el Menzel" located off the Gulf of Hammamet began preliminary production on January 7, 2021, through the well "HELM 07",...
Business: Equatorial Guinea takes bold action to aid explorers
The Ministry of Mines and Hydrocarbons will grant two-year block extensions and ease capex requirements for E&P companies amid industry downturn; major U.S. upstream firms to benefit include Kosmos Energy, VAALCO Energy and more; the measure reflects broader efforts to drive global investment into Equatorial Guinea in line with...
Difficult choice between balancing budget and risking multi-digit inflation
Ahmed El Karam, one of the few wise men in the sector and former president of APTBEF spoke to Africanmanager about this new controversy over the financing of a very large part of the state budget by the BCT.
That controversy has not yet been discussed on TV, and yet...
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