Business & Economy Bound

Energy: More woes for the Algerian petroleum sector ($)F

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 itF

Morocco's national regulatory agency overseeing the use of cannabis for medical use met for the first time Thursday in one of the last steps before legalisation in the world's top cannabis-resin producer. The North African nation adopted a law in 2021 provisionally...

Energy: Morocco convinces Nigeria to move forward with gas pipeline to EuropeF

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 QatarF

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...

Sahel: Burkina Faso junta issues decree to requisition gold from mining companies ($)F

Sahel: Burkina Faso junta issues decree to requisition gold from mining companies ($)F

Feb 21, 2023

Burkina Faso is drowning in economic and financial hardship and the ongoing security environment mean that the country...

Algeria’s aid agency to spend US$1 billion on African developmentF

Feb 20, 2023

Algerian President Abdelmadjid Tebboune said Sunday the North African nation will allocate a billion dollars to...

Africa: Troubled African nations say they want to restore some “democratic” orderF

Africa: Troubled African nations say they want to restore some “democratic” orderF

Feb 20, 2023

By Hillary Orinde: The African Union insisted on Sunday it had "zero tolerance" for undemocratic changes of power and...

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