Business & Economy Bound

Algiers, Aug 9, 2020 - [Photo: Algerian retirees queuing to withdraw their pensions during a cash crunch in July 2020] Currency depreciation, inflation, negative growth, businesses closed: Algeria's economy has been battered by the one-two punch of the coronavirus...

The resumption of domestic flights at the end of June in Morocco, followed by a partial reopening of borders on July 15, all in a context of easing of containment measures, had given the travel industry hope. But the announcement on July 26 of the closure of eight...

Egypt on Tuesday called for a suspension of meetings with Ethiopia on Addis Ababa's massive dam construction project on the Nile. Sudan threatened to withdraw from the talks saying Ethiopia insisted on linking them to renegotiating a deal on sharing the waters of the...

North Africa Journal's editor's note: Although this case is on ENI's alleged corruption case in Nigeria, ENI's subsidiary Saipem has also been implicated in alleged wrongdoing in Algeria. Rome - AFP - Italian prosecutors said late Tuesday they are seeking an...