North Africa’s Economy
Morocco: Anger over soaring fuel prices
Energy: EU turns to Egypt and Israel for more natural gas
Morocco facing a daunting economic outlook
Energy: More woes for the Algerian petroleum sector ($)
Algeria's energy sector is back in the spotlight as the country's stabilized its political system for now and strong global demand for petroleum product has pushed the barrel of oil above the $100 mark. While Algeria could play an important role in offsetting the...
Morocco: World’s biggest producer of cannabis inches closer to legalizing it
Energy: Morocco convinces Nigeria to move forward with gas pipeline to Europe
Nigeria's government has directed its state-run oil company NNPC to implement a deal on a gas pipeline to Europe through Morocco. Africa's gas resources are increasingly in the spotlight as the European Union looks to wean itself off Russian supplies following the...
In-Depth: Algeria’s gas sector facing internal woes and aggressive competition from Qatar
By Arezki Daoud: Algeria could have benefited from Russia’s war on Ukraine to maximize its revenue potential from exporting gas to a tense European market. But troubled by an unprecedented political crisis and a rocky presidential transition at home, Algeria’s leaders...
Egypt: Facing crippling economic crisis, Egypt says it will sell dozen state companies
From spikes in food prices to canceled flights, Russia’s war on Ukraine is hitting Africa hard
By Patrick Markey and Joel Olatunde Agoi From airlines in Nigeria to shoppers in Malawi, Africans are feeling the impact of the Ukraine crisis in wrenching increases in the price of fuel, grain and fertiliser. Global oil prices scaled decade-long highs of more than...
Egypt: Price of subsidized bread up by as much as 50% in Egypt, threatening stability
By Bassem Aboualabass Soaring bread prices sparked by Russia's invasion of Ukraine have bitten into the purchasing power of consumers in Egypt, a leading importer of wheat from the former Soviet states. For the first time since he took office, President Abdel Fattah...