train derailment in Bouknadel

EU commits €545 million to accelerate Africa’s clean energy transition

The European Union has announced a funding package of nearly €545 million (approximately $638 million) to support renewable energy initiatives across Africa, aimed at expanding electricity access, strengthening regional power grids, and advancing the continent’s transition to clean energy. European Commission President Ursula von der Leyen unveiled the commitment in a video message during the […]

Coronavirus deepens Algeria’s economic malaise

The African Development Bank said the Algerian economy is the third worst hit in Africa at a time the country faces a multipronged political, economic and social crisis worsened by lack of political reforms. The bank said the contraction of the Algerian GDP by at least 6.4% this year was due to its heavy dependence […]

Bouteflika’s Fifth Term Risks Worsening Algeria’s Political Crisis- Financial Times

The UK’s Financial Times drew bleak prospects for Algeria whose ailing President Abdelaziz Bouteflika prepares for a fifth term that risks prolonging Algeria’s economic and political crisis. Maintaining Bouteflika, who has been ruling Algeria since 1999, as President “ threatens to prolong the political paralysis in a country facing the monumental challenge of transforming its […]