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Algeria’s Foreign Reserves Dwindle to $114 bln by end of 2016
Algeria’s finances have been severely battered by the slump in oil prices, dwindling from $178 billion in 2014 to $114 billion by the end of 2016, Algerian Prime Minister Abdelmalek Sellal said. Speaking to state television, Sellal set the tone for appeasing worries saying that the situation is under control as criticism mounts over the […]
Algeria weaponizing migration against Morocco and Spain
Most of the migrants who took part in Melilla’s deadly crossing last Friday were from eastern Africa, notably Sudan, who could only access Morocco after crossing the Algerian border. The role of Algeria is evident in creating this migration crisis in Northern Morocco. According to Spanish paper El Mundo, quoting security officials in Madrid, Algeria […]
EIB grants Morocco €80 Million to upgrade highway infrastructure
The European Investment Bank (EIB) and the Moroccan Motorway Company, la Société Nationale des Autoroutes du Maroc (ADM), signed Monday in Rabat an €80 million financing agreement meant to upgrade highway infrastructure in an around Casablanca. The amount will finance the tripling of the Casablanca-Berrechid highway lanes on 25.8 km and the construction of a […]



