North Africa Post
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Algeria: IMF Calls for Structural Reforms

North Africa Post

Algeria needs to adjust to the shock created by the oil prices collapse by intensifying fiscal consolidation and speeding up implementing some structural reforms. “Opportunity to reshape Algeria’s growth model should be seized now, before a more rapid adjustment becomes unavoidable.” The statement was made by a delegation of the International Monetary Fund (IMF) at […]
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TotalEnergies abandons Algeria project for bureaucracy problems

North Africa Post

French giant Total Energies has ditched a petrochemical project in Arzew in Oran in Western Algeria, a withdrawal that analysts blamed on Algeria’s bureaucracy. The news was relayed by Africa Intelligence news outlet on the eve of a visit by French President Emmanuel Macron to the country. The French firm has sealed a deal wih […]
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Arab countries uncomfortable with Algeria hosting Arab League Summit

North Africa Post

Arab states continue to show little or no enthusiasm for an Arab Summit that was due to take place in Algeria last March but has never taken place. At an Arab Summit meeting, Algerian foreign minister Ramtane Lamamra begged Arab heads of states to attend the summit which is now seen by many diplomats as […]