Germany is set to increase its state guarantees for business investments in African countries, a move widely interpreted as being aimed at diversifying trade relations and to make it more independent from China. In September, China removed tariffs on 98% of agricultural and mineral imports from nine of Africa’s poorest countries. The decision follows Chinese […]
Algeria will be building a new city with the name El-Menia in Constantine, with a budget of $2.4 billion over a 1.2 million sq m development project. The city is designed by Canadian firms Exp and Lemay with the aim of making it a sustainable new community and reducing its carbon footprint as much as […]
The European Commission has approved two new cooperation programs worth € 45 million destined to help Algeria modernize its public administration and diversify its economy. The first program worth 15 million Euros will support the efforts made by the Algerian authorities for the diversification of their economy which remains heavily dependent on oil and gas […]
