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China deepens ties with South Africa, Saudi Arabia in pushback against U.S. tariff escalation

As tensions surge between the world’s two largest economies, China is ramping up its global diplomacy, holding strategic talks with Saudi Arabia and South Africa to counterbalance the United States’ sweeping new tariffs. China’s commerce minister Wang Wentao recently held virtual meetings with his counterparts in Saudi Arabia and South Africa, focusing on responses to […]

Algeria’s African Business Forum Turns into Fiasco

The big PR African business & investment forum which Algerian authorities organized lately in a bid to improve the country’s image that is losing luster in the continent has turned into a fiasco. From the outset, the shaking start of the event was marred by protocol errors showing lack of experience, irking Algerian officials who […]

COFACE: Algeria Listed among High Risk Countries

French Credit Insurance Company Coface has downgraded Algeria ratings to C, the lowest grade, over serious concerns of social frustrations boiling in the oil-producing country wherein high risks of social turmoil are exacerbated by the volatility of oil prices. The Algerian growth “slowed in 2017 due to the state’s dwindling financial resources and public spending […]