Algeria’s Import Restrictions Doomed to Backfire

The slump in oil prices prompted the Algerian government to seek temporary measures to reduce the trade deficit. The most notorious among these were import restrictions that affected more than 800 products. Algeria’s protectionism has so far backfired producing counter-productive results in a country that failed to diversify its economy away from utter dependence on […]

Tunisia’s Textile Exports Rise in Early 2025 Despite Global Challenges

Tunisia’s textile exports grew by 2.61 percent in the first five months of 2025 compared to the same period in 2024, reaching 3.94 billion dinars (€1.18 billion), according to Economy and Planning Minister Samir Abdelhafidh. Speaking at a seminar held in Monastir on Wednesday, August 27, he projected that exports could total 9.36 billion dinars […]

AfDB approves 450 million euro guarantee for OCP green investment program

The African Development Bank Group board of directors approved Wednesday a 450 million euro non-sovereign partial credit guarantee benefiting the Phosphates Office Group. This financing instrument, deployed in Morocco for the first time, aims to enable OCP Group to mobilize loans up to 530 million euros from international financial institutions aligned with its green financing […]