oil refinery

Rhetoric outruns reality in Algeria’s food security push

Algeria used a UN food security forum in Mauritania last week to present itself as a continental reference on agricultural sovereignty, but recent data from international institutions point to a widening gap between its diplomatic rhetoric and domestic realities. Addressing the 34th FAO Regional Conference for Africa, the Algerian minister of agriculture highlighted South‑South cooperation, […]

Morocco: BCIJ dismantled 84 terror cells since its creation in 2015

The Central Bureau of Judicial Investigations (BCIJ) has dismantled 84 terrorist cells since it was created in 2015, said BCIJ Director Cherkaoui Habboub, underlining that Morocco continues to consolidate its status as an international strategic partner in counterterrorism. “Since its creation in 2015, the Central Bureau of Judicial Investigations has managed to dismantle 84 terrorist […]

Algeria’s Foreign Reserves to Further Shrink to $97 bln in 2017

Battered by falling oil and gas revenues, Algeria’s foreign exchange reserves are expected to further shrink to $97 billion, down from $193 billion in 2014, official data shows. With the slump in oil prices, the rest of the Algerian economy can’t generate the foreign exchange needed to pay for imports as oil and gas represent […]