corona Algeria

US coal exports to Africa on the rise

Exports of thermal coal from the US to Africa increased 60% in the first half of this year to 5.3 million tons, compared with 3.1 MMst in the same period in 2023, the International Energy Agency said. In the first half of 2024, U.S. exporters shipped virtually all (98%) of this thermal coal to Egypt […]

EU supports Morocco’s Covid-19 response with €169 Mln

The European Union announced on Wednesday a €169 million support package for Morocco to enable this country enhance further its medical response to the coronavirus pandemic and put in place measures to mitigate its socio-economic impact. EU Neighborhood commissioner Olivér Várhelyi said : “Today’s disbursement shows that the European Union stands by Morocco in its […]

President Bouteflika Asks Algerians to Brace for Austerity Measures

Algeria’s living-dead President Abdelaziz Bouteflika gave an address on the occasion of his country’s Independence Day asking citizens to prepare for tough times ahead as state coffers dwindle. Bouteflika urged the Algerian people to prepare for the pinch of economic reality as the state will cut vital subsidies and increase taxes. The speech clearly revealed […]