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IMF and WB urge Algeria diversification

Algeria has been urged to diversify its economy which is heavily based on revenues generated from oil exports. This remark was made during the periodic assessments of the Algerian economy in the current year which has just a few days to go. The International Monetary Fund (IMF) and World Bank (WB) did show their satisfaction […]

Algeria prefers Asia to Europe

Algeria could be on the verge of reviewing its gas export policy to Europe due to the rising domestic demand. Sonatrach, a state owned company, could be orienting more of its exportations to Asia rather than neighboring Europe where it faces “stiff price competition.” Algeria’s gas production has been on the decline thereby affecting the […]

Morocco unveils national strategy to take global stage in green hydrogen industry

Morocco has spelled out its national strategy to become a global player in green hydrogen industry as of next year. The kingdom is poised to start the production and the export of green hydrogen by next year. To meet the target, authorities have identified a set of actions to be taken to achieve what they […]