Pertamina to begin Algerian activities soon

Muhammad Husain, the director of state own oil Indonesian company, PT Pertamina, has announced the company will be exploiting oil from Algeria in the next few months. This could allow the company to increase its reserve by 100 million barrels per day and additional crude oil output of 23,000 barrels per day. Negotiations are still […]

Tunisia, Russia contemplate setting up of free trade area

Tunisia and Russia are contemplating the setting up of a free trade area. The project was discussed at the 7th session of the Tunisian-Russian Joint Economic Commission held Friday in Tunis. “Tunisia and Russia will examine the procedures needed to establish a free trade zone between the two countries,” Trade Minister Omar Behi was quoted […]

Africa pivots from Europe and North America to Asia on trade — reports

Over the past two decades, Africa’s trade partnerships have significantly shifted away from Europe, with Asia emerging as the primary trading partner, a recent analysis by Mo Ibrahim Foundation noted, whereby this development is underpinned by high‑growth corridors both between African regions and with regions beyond including Asia and the Middle East, according to a […]