Algeria’s economic growth dropped to 2.2% in 2017, down from 3.3% in 2016, due to a decline in the performance of the energy sector, the central bank said. The same source noted that inflation dropped to 5.6% instead of 6.4 in 2016, while the balance of payment was reduced by $3 billion to stand at […]
The weak growth trajectory of Africa’s three largest economies, Egypt, Nigeria and South Africa, which together account for about 60% of Africa’s GDP, could exacerbate social unrest in the region, a report by UNCTAD, the United Nations trade body, has warned. Growth prospects in South Africa and across the continent have deteriorated, which threatens to […]
King Mohammed VI has addressed a message to the World Climate Action Summit, held as part of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) being held in Dubai, United Arab Emiraters, wherin he pleads for a pact for action to address the climate challenges. Here […]
