Sahel drought

Lacking Open Economy, Algeria Maintains Closed Border Policy

Algeria has kept its borders with Morocco closed since 1994 because it lacks a dynamic private sector that is able to compete in a free market, Moroccan ambassador Hassan Abou Ayoub said. Keeping borders sealed runs against the ideal of achieving integration in the Maghreb region, the diplomat told Italian journalists on the sidelines of […]

Sudan extends Adré border crossing opening with Chad for three more months to sustain aid flow

The Government of Sudan has extended the opening of the Adré border crossing with Chad for an additional three months, from July 1 to September 30, to ensure the continued delivery of humanitarian assistance to conflict-affected regions. According to Sudan’s Ministry of Foreign Affairs, the decision follows the completion of a United Nations monitoring and […]

IMF Expresses Concern over Impact of Lower Oil on Algerian Economy

“Algeria continues to face important challenges posed by lower oil prices (…) and growth in the nonhydrocarbon sector slowed under the effects of spending cuts”, says the International Monetary Fund (IMF). Inflation increased from 4.8 pc in 2015 to 6.4 pc in 2016 and stood at 8.1 pc year-on-year in January 2017. As to unemployment, […]