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Algeria’s Economic Growth Declines to 2.2% in 2017
Algeria’s economic growth dropped to 2.2% in 2017, down from 3.3% in 2016, due to a decline in the performance of the energy sector, the central bank said. The same source noted that inflation dropped to 5.6% instead of 6.4 in 2016, while the balance of payment was reduced by $3 billion to stand at […]
AFRICOM Warns Against Jihadists Attack Targeting Libyan Oil
US Africa Command has warned against a terrorist plot being prepared by ISIS militants against Libya’s Oil Crescent, which is located 500 km east of the capital Tripoli, and includes the country’s largest oil reserves and export terminals. In a statement to Asharq Al-Awsat, AFRICOM spokeswoman Robyn Mack said: “at the moment, we believe that […]
Morocco expects tourism windfall from 2025 Africa Cup of Nations
Morocco is poised to reap substantial economic and tourism benefits from hosting the 2025 Africa Cup of Nations (CAN), with projections indicating up to 1 million additional tourist arrivals and 12 billion dirhams ($1.32 bln) in supplementary revenue. Scheduled to take place from December 21, 2025 to January 18, 2026, the tournament is expected to […]



