First Independent Mena Newspaper
The Trump administration has reaffirmed its commitment to the $4 billion Lobito Corridor rail project in Africa, aiming to strengthen United States-Africa economic ties while countering China’s growing influence in the region. The initiative, which connects Angola, Zambia, and the Democratic Republic of Congo (DRC), is seen as a vital trade route for transporting minerals […]
The Algerian government released its 2030 vision for economic development, dubbed “New Growth Model,” warning of the unsustainability of the current subsidies system and urging economic diversification to reduce dependency on hydrocarbons. “In all sectors of the public service (electricity, gas, water, rail transport, telecommunications), tariffs are kept at levels lower than the cost of […]