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Sonatrach financial hurdles, Algeria’s economic agony
Economists have long warned the Algerian regime of an impending Venezuelan scenario as the country put off reforms leaving the economy dependent since independence on oil and gas sales of its state-owned company Sonatrach. The company, which aspired to be among the top 5 global oil and gas companies globally in 2030, hit the cliff […]
Mali inks agreement with AfDB to improve climate resilience
In Mali, the African Development Bank (AfDB) have approved €11.14 million to improve climate resilience for 100,000 farmers in Mali and safeguard the ecosystems of the Niger River. The AfDB signed three grant agreements with the Malian authorities. The agreements include a €3.5 million grant from the Transition Assistance Facility (TAF), a €2 million grant […]
US pushes bold investment strategy in Morocco’s Sahara, contrasts with EU hesitation – pundit
The United States is forging ahead with a bold strategy to encourage private investment in Morocco’s southern provinces, a move that starkly contrasts with the European Union’s fragmented stance, a Carnegie Endowment For International Peace analyst said. While Washington seeks tangible economic returns and a clear diplomatic signal, Brussels remains entangled in internal divisions over […]



