Algeria dependence on oil

Africa’s human capital, cities and services to rekindle continent’s economies — MGI report

African governments will need to ramp up investments in digitization, infrastructure, service industry and also to develop talent, and to foster regional collaboration, as a way to improve and increase the productivity of all sectors, which will in turn power Africa’s economic growth going forward, according to a new report by the McKinsey Global Institute […]

Germany wants normal ties with Morocco- statement

Berlin welcomes the normalization of ties between Morocco and Israel and looks forward to restoring ties with Rabat, said the German embassy. “The Kingdom of Morocco is a key partner for Germany. From the federal government’s perspective, it is in the interest of both countries to return to good and traditionally expansive diplomatic ties. The […]

Libya: Sharara oil field will remain shut down until rebels leave, NOC Chief

The head of the Libyan National Oil Corporation (NOC) Tuesday said Sharara oil field, the country’s largest with a production capacity of 340,000 barrels per day, will remain shut down until rebels evacuate the oil facility they have been holding since December. “The armed group attempting to hold NOC and Libya’s economic recovery to ransom […]