North Africa’s Economy
Algeria-China agree to strengthen ties
China's President Xi Jinping pledged on Tuesday stronger ties with Algeria in a meeting with the gas-exporting North African nation's President Abdelmadjid Tebboune, as Beijing looks to diversify its energy supply. Tebboune began a five-day state visit to China on...
Entrepreneurship: Producing cheese in Algeria
By Abdellah Cheballahb: Sporting a white cap and apron, Rachid Ibersiene bustles around vats at his dairy in Algeria's Atlas Mountains where he has brought the tradition of artisanal cheesemaking back from Switzerland. "We started with a butane gas bottle and stove,"...
Libya strongman Haftar issues new threat over oil revenue
Libyan military strongman Khalifa Haftar, who backs the politically-split country's eastern administration, has threatened military action unless oil revenues are divided fairly by the end of August. The country sits on Africa's biggest oil reserves but the wedge...
Algeria reduces oil production to support Saudi’s output cut
By Robbie Corey-Boulet: Saudi Arabia said on Monday it was extending a voluntary oil production cut and Russia said it was slashing exports, as major producers tried to prop up slumping prices. The cut by Riyadh of one million barrels per day was first announced after...
Libya: Rival governments bicker over oil revenues, threaten to shut down oil operations
The east-based government, which does not recognise the authority of the Government of National Unity based in Tripoli, is ready for more steps, including an oil blockade, and would seek a legal ruling, he said. "We are ready to raise the red flag, stop... the export...
Algerian airline carrier Air Algerie to purchase eight Boeing 737 MAX-9 aircraft
Global airliner rivals Boeing and Airbus notched up new orders from Algeria and the Philippines at the Paris Air Show Tuesday, after the European manufacturer snagged the biggest-ever single civilian contract. Philippine Airlines will buy nine of Airbus' A350-1000...
Tunisia: EU considers aid to Tunisia to boost economy, reduce migrant flows
By Françoise Kadri: The European Union on Sunday said it is considering more than one billion euros in aid to boost crisis-hit Tunisia's economy and reduce the flow of irregular migrants across the Mediterranean Sea. The North African country, highly indebted and in...
Tunisia: Tunisia under pressure to accept IMF reforms
US Secretary of State Antony Blinken called Monday on Tunisia to agree to IMF reforms and avoid falling off an "economic cliff" after the European Union dangled a major aid package. Tunisian President Kais Saied has repeatedly refused "diktats" from the International...
Mali resumes train service on Bamako-Kayes line
Les opérations de vente de tickets pour le 1er voyage du train ont commencé ce jeudi à Kayes L’engouement de la population est perceptible au niveau des guichets. La locomotive CC2207 de la SOPAFER effectuera demain le trajet Bamako-Kayes, avec des arrêts dans toutes...
Migrant crisis: Italy wants IMF loan for Tunisia to shield self from migrant crisis
Italian Prime Minister Giorgia Meloni said on Tuesday Rome backed efforts to secure an IMF bailout for Tunisia and support to tackle its growing migrant problem. She was speaking after talks in Tunis with President Kais Saied whose country is going through a dire...