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Libya: Working On Long And Short Projects…

Despite reaffirming its ambitions to maintain its pre-war output levels that it has attained before the expected timeframe, Libya’s oil minister has not ruled out the delivery of a new round of oil exploration and production agreements. Oil Minister Abdelbari al-Arusi repeated that the government’s desire to attain an output of 2 million barrels per […]

Mali, a focal issue in Moroccan King’s Talks with African Leaders

The current African tour undertaken by King Mohammed VI of Morocco is taking place in a particular juncture marked by the war in Mali and the growing activity of Al Qaeda affiliated groups in the Sahel-Sahara strip. The situation in Mali will thus be a focal issue in the talks the Moroccan King will successively […]

Algeria’s fiscal model under strain, warns IMF

Algeria’s economic foundations are showing serious cracks, including an unsustainable fiscal system, rigid economic structure, dependence on oil and mounting external vulnerabilities, the IMF warned in a new report. The budget deficit expanded to 13.9% of GDP in 2024, one of the highest in the region, the IMF said, noting that this sharp deterioration stems […]