Barkhane force

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 […]

Morocco’s King underscores achievements of Sahara development model

King Mohammed VI welcomed the achievements of a development model launched in 2015 to upgrade infrastructure as well as social services in the southern provinces. In seven years, the 77-billion dirham development program ($8 billion) is 80% complete with landmark projects such as the Tiznit-Dakhla highway in its final stages, the King said in a […]

UAE leads investment charge into lucrative African market

The United Arab Emirates (UAE) has emerged as Africa’s largest provider of foreign direct investment (FDI), funnelling $59.4 billion into key high-growth sectors such as infrastructure, energy, transport, logistics, and technology. The UAE has joined the bandwagon of world powers scrambling for commercial dominance in Africa, targeting a share of the continent’s 1.2 billion people […]