Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]
Mali has achieved a breakthrough in its push for greater control over its mineral wealth, with three gold producers — Endeavor Mining, Faboula Gold, and Bagama Mining — agreeing to operate under the country’s controversial 2023 mining code. Announced by Finance Minister Alousseni Sanou in a televised address, the agreement marks a rare win for […]
After the scandal of the diversion of humanitarian aid by the Polisario and its mentor Algeria was tabled before the European Parliament, the issue of extrajudicial executions in the Tindouf camps was brought to the attention of the parliament members during a plenary session Thursday. The issue was raised by Italian MEP Silvia Sardone in […]
