Nov 10, 2025

Algeria: 25 Executives Charged in Alleged Metals Fraud$

The trial of 25 senior figures from Algeria’s state-run metals group Imetal, including former executives and public officials, is set to begin on November 24 in Algiers. The case involves allegations of large-scale corruption, public fund diversion, and favoritism in public contracts, exposing deeper risks of opaque management in Algerian state-run industries. Prosecutors say the scandal contributed to production losses and repeated breakdowns at strategic facilities.
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Morocco Becomes Africa’s Top-Ranked Industrial Economy$

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.

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Algerian Gas Exports to Europe Rise for Fourth Consecutive Month$

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.

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