IMF Expresses Concern over Impact of Lower Oil on Algerian Economy

“Algeria continues to face important challenges posed by lower oil prices (…) and growth in the nonhydrocarbon sector slowed under the effects of spending cuts”, says the International Monetary Fund (IMF). Inflation increased from 4.8 pc in 2015 to 6.4 pc in 2016 and stood at 8.1 pc year-on-year in January 2017. As to unemployment, […]

Mauritania: Microsoft Sponsored Workshop Ends

A two-day workshop organized under the patronage of the Ministry of Employment, Vocational Training and New Technologies between political and economic decision makers under the theme “The evolution of technologies and their impact on the economy in Mauritania” has some to end and was summarized at a press conference held by the government and Microsoft […]

Despite pandemic, Tanger Med Port hits new record

Tanger Med was ranked as the best performing African Port in 2020 despite the challenges imposed by the Coronavirus pandemic on port traffic, UNCTAD said. The port widened the gap with other competitors in Africa in terms of connectivity with 137 direct links, UNCTAD said in a report. Globally, the port of Shanghai came first […]