Maghreb Edition
There has been growing public fear over regime operatives moving money from Algeria to foreign banks. Rumors have been circulating that several businessmen tied to the regime, including the Kouninef brothers, have contracted multi-million dollar loans over the past week, just to place it abroad in secured account as the political crisis continues. The rumor stated that authorizations to transfer loans were granted by the Central Bank proper.
A conversation with Dr. Kate Schecter, President and CEO of World Neighbors, on how community-led development works in practice across the Global South.
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The Middle East enters June 2026 facing a convergence of crises. Iran and the United States continue exchanging military strikes, Israeli forces are expanding operations in Lebanon and tensions surrounding Jerusalem’s holy sites are rising.
Morocco has become Africa’s leading industrial economy, followed by South Africa and Egypt. The African Development Bank (AfDB) ranked Tunisia fourth, reinforcing North Africa’s position as one of the continent’s principal industrial regions. The AfDB’s 2025 Africa Industrialization Index placed Morocco ahead of South Africa as Africa’s highest-ranked industrial economy.
Algeria continued to expand natural gas exports to Europe during the first four months of 2026, benefiting from steady pipeline deliveries to key markets including Spain and Italy. While Europe’s gas market continues shifting toward LNG imports, Algeria has maintained its position as one of the continent’s leading pipeline suppliers through a combination of established infrastructure, long-term contracts, and growing LNG activity.
