Rabat

Algeria’s 2025, a year of further diplomatic isolation and economic fragility

As 2025 draws to a close, Algeria faces one of the most challenging years in its modern history, marked by diplomatic setbacks, economic vulnerability, and existential questions about its national identity. The adoption of UN Security Council Resolution 2797 in 2025, affirming the preeminence of Morocco’s autonomy plan for the Sahara, dealt a crushing blow […]

Algeria: Sonatrach reveals $90 billion investment, Shale gas production set for 2022

Chief Executive Officer of state-owned Sonatrach, Said Sahnoun, asserted that their five-year investment plan will go ahead despite plummeting oil prices. Addressing the ninth North Africa Oil & Gas Summit held in Algiers, he also said that the exploitation of shale oil for production is scheduled for 2022. Analysts believe that the global slumping of […]

EBRD Lends Egypt € 290 Mln for Rail Modernization

Millions of commuters across Egypt will benefit from a €290 million financing provided by the EBRD to support the Egyptian National Railways (ENR) in its fleet expansion and upgrade of services. As part of ENR’s locomotive renewal program, the EBRD will finance the acquisition of up to 100 new diesel locomotives under a supply-and-maintenance contract […]