Business & Economy Bound

Algeria-France Business Ties Hit by Diplomatic RiftF

The ongoing diplomatic tensions between Algeria and France are now affecting economic relations, which had so far remained relatively stable. According to RFI, multiple high-level business visits from business leaders on both sides of the Mediterraneans have been canceled in recent days.

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Mauritania and Senegal Launch LNG Exports with First Cargo from Grand Tortue Ahmeyim ProjectF

The first shipment of liquefied natural gas (LNG) from the Grand Tortue Ahmeyim (GTA) project, located offshore between Mauritania and Senegal, has been successfully loaded for export, marking a key milestone for both countries as they join the ranks of LNG-exporting nations.

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Morocco to pour $3 billion on high-speed trains ahead of World Cup 2030F

Morocco is rapidly expanding its railway infrastructure ahead of co-hosting the 2030 FIFA World Cup with Spain and Portugal, securing nearly $3 billion in financing for 168 new trains. Foreign companies from France, Spain and South Korea are lined up to deliver and install the trains.

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Algeria Opens First of Five Seawater Desalination Plants to Combat Water ShortagesF

Algeria has inaugurated the first of five planned seawater desalination plants in Cap-Blanc, Oran, as part of an emergency initiative to address severe water stress and the future impacts of climate change.

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