Chili announced it will shut down its foreign mission in Algeria and four other countries by the end of 2020 in a move to reduce costs and scale up relations with other countries such has Belgium and Austria. The widely-circulated Chilean daily El Mercurio reports that Chile’s decision to close its embassy in Algiers threw […]
After years of recurrent power cuts, Namibia seems to have taken renewable energies seriously, turning to Chinese firms for help with the country’s largest solar plant. In this respect, a deal was signed by state-owned power utility Nampower and two Chinese firms – Jiangxi International Economic and Technical Cooperation Co. Ltd and Chint New Energy […]
The slump in oil prices prompted the Algerian government to seek temporary measures to reduce the trade deficit. The most notorious among these were import restrictions that affected more than 800 products. Algeria’s protectionism has so far backfired producing counter-productive results in a country that failed to diversify its economy away from utter dependence on […]
