juba

Swissport Enhances Its Presence in North Africa

Swissport International, a global provider of airport ground services, has been awarded lately a 5-year ground handling licence for Oran International Airport. It is the 2nd contract bagged by the company in Algeria and the third deal gained in North Africa after securing similar licences for Morocco’s major international airports. With these contracts in pocket, […]

Algeria’s crude prices drop below production cost

Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]

WB supports Morocco’s social protection efforts with $250 Mln funding

The World Bank has agreed to provide Morocco $250 million funding to support the country’s social protection system which has improved living standards of vulnerable households and expanded access to essential services. In December 2023, Morocco launched the Direct Social Benefit (DSB) program as a key component of the national social protection reform. As of […]