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Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018
Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]
Malta foils secret repatriation of Polisario officials by Algeria’s airlines
A new scandal appears in the horizon for Algerian diplomacy after Maltese authorities aborted a mission to secretly repatriate Polisario officials, forcing an Algerian airlines plane to return empty, Algerian opposition media reported. “It seems that Maltese authorities had not given their go-ahead for the repatriation. Once it landed on Maltese soil, the crew of […]
Total Energies EP Congo pledges to back energy transition
Nicolas Wawresky, CEO of Total Energies EP Congo, Wednesday vowed to endorse energy transition in the central African countries with new initiatives. Wawresky made the pledge to Isidore Mvouba, President of the Congolese National Assembly as he visited the state official, Adiac-Congo reports. “We have mentioned two strong areas in which we want to develop, […]



