ghannouchi

Algeria’s trade surplus, tree hiding forest of economic dysfunctions

Algeria has reported a surplus of $1 billion by November and sees the figure increasing to $2.3 billion by year’s end in what could be commended in a normally functioning economy. But in Algeria’s case, this surplus was achieved after depriving citizens of key goods, leading to high inflation and shortages. The figure is also […]

Morocco doubles coronavirus tests as clusters emerge in factories

Morocco has doubled coronavirus tests from 1000 to 2000 a day as it opened six laboratories across the country but MPs ask for more tests to be carried out. Speaking at a parliament question time, health minister Khalid Ait Taleb said the pandemic is under control in Morocco with total cases rise to 3046 including […]

Britain’s Predator bids for building floating LNG import terminal in Morocco

British company Predator Oil & Gas, listed on the UK stock exchange, announced that it has submitted a bid to build and operate a floating storage and regasification unit (FSRU) in Morocco. It responds to a call for tenders launched in April by the Ministry of Energy and Mines, which expires on May 31. Predator […]