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Algeria risks bleak economic prospects in 2026 as Oil prices slump

Algeria’s state-led economic model faces growing vulnerabilities as global oil prices weaken and fiscal imbalances deepen, while diversification stalls. Latest IMF and World Bank assessments reveal a troubling mix of widening deficits, persistent unemployment, and distorted macro indicators that mask underlying fragility. The IMF projects average oil prices at $65.8 per barrel in 2026, down […]

UNIDO supports implementation of AfCFTA

With the support of the African Union Commission’s Department of Trade and Industry, the Permanent Mission of the African Union in Belgium organized a sensitization workshop on the African Continental Free Trade Area (AfCFTA). The agreement to create the single market for goods and services was signed by 44 out of the 55 Member States […]

Morocco, credible peace partner for Libyan parties

Morocco has opened its arms to all Libyan stakeholders to facilitate a mediation without interference in a way that would usher Libya’s political stability, unity and welfare. Few days after the key visit by Speaker of the Libyan Parliament Aguila Saleh to Morocco, the Libyan Prime Minister Abdelhamid Dbeibah was in Rabat this Sunday where […]