saif-alislam

Algeria’s energy revenues to plunge by $10 bln deepening financial crisis

Algeria’s oil and gas revenues will be reduced by $10 bln to $23 billion as the country struggles with a surge in spending in a heavily subsidized economy. Algerian officials rang the alarm bell as to the deteriorating financial indicators as a result of dwindling energy revenues which represent more than 90% of exports. To […]

Emmerson PLC’s Morocco potash project on track to launch construction

Head of Emmerson PLC Graham Clarke, a Morocco focused potash company, said that preparations are on track to launch Africa’s largest potash project in Khemisset (95 km east of Rabat) Potash is a key ingredient in fertilizer production and demand for it is on the surge globally to meet increasing food needs. The London-listed company […]

US-Africa trade deal, now in its 24th year, could help diversify US critical mineral supplies

The African Growth and Opportunity Act (AGOA) is a landmark piece of trade legislation that has boosted exports from eligible African countries to the United States, but also the latter reaps benefits from the deal, including through the ongoing reauthorization process that could facilitate the expansion of the trade in critical minerals between both sides. […]