Bombardier

Namibia eyes OPEC membership as large-scale oil production looms

Namibia has announced its plan to join the OPEC “family” which comes at a time when the southern African nation gears up to potentially become the continent’s fourth-largest oil producer by the next decade. If exploitation of its giant offshore oil and gas discoveries goes as planned, Namibia could turn into a significant oil producer, […]

Financial Times: Morocco’s Stability Enables It to Attract Steady Flow of Investment

Morocco has attracted a steady flow of foreign direct investment, unlike the rest of North Africa, which has seen a sharp decline in FDI, said the Financial Times in a story published Thursday. While many economies in North Africa have struggled to bring back foreign investors, Morocco has fared better than most. It has a […]

Algeria: Soaring Food Prices Fuel Popular Resentment

Anger and frustration are mounting in Algeria following the  unprecedented increase in all food prices that hits badly the consumers in the OPEC member country. The prices of some products have become up to 1,000 pc more expensive because of speculation and structural problems. For example, garlic prices went up from 200 dinars ($ 1.8) […]