Algeria lacks spare capacity to boost gas exports to Europe

As Europe seeks to wean itself of Russian gas, Algeria has emerged as a potential supplier, but experts consider the country lacking in spare capacity. Algeria is the third largest gas exporter to Europe with 8% of the market share. It has seen its domestic gas consumption rise exponentially leaving it with insignificant extra export […]

Morocco elected president of Executive Board of World Food (WFP)

Morocco was unanimously elected on Monday to the presidency of the Executive Board of the World Food Programme (WFP) for the year 2024. The election of Morocco, represented by its Permanent Ambassador to UN agencies in Rome, Youssef Balla, to the helm of this supreme governing body of the largest humanitarian organization at the international […]

Tunisia: sovereign credit ratings lowered

As Tunisia is at grips with a seemingly inextricable political situation, rating agencies continue to reduce its standings, in an unnecessary additional evidence that the country’s economy is not faring any better than politics.  The latest of these agencies is Standard & Poor’s Ratings Services# which lowered Tunisia’s long-term foreign and local currency sovereign credit ratings […]