AGP Executive Report
Last update: 2 hours agoElectricity & Energy Demand: Sonelgaz says Algeria hit a record electricity peak of 21,870 MW on Monday amid a heat wave, with supplies stable and a surplus still available for export to Tunisia. Trade & Diplomacy: Spain’s PM Pedro Sánchez is set to visit Algeria on 20 July to ease tensions tied to Western Sahara, after Madrid’s shift in 2022 and a gradual trade recovery since 2024. Global Markets & Commodities: OPEC reported a June rebound in crude output (+3.05 mbpd), with Algeria and Nigeria posting marginal increases. Health & Research: A review led by Algeria-based researchers highlights four medicinal plants (Gymnema, white mulberry, red ginseng, pomegranate) with strong molecular signals for anti-diabetic effects, while stressing the need for human trials. Agriculture & Business: Algeria is mentioned in an agritech training visit where delegates studied how incubators help startups commercialize technologies and support farmers. Regional Business Links: Vietnam reaffirmed its friendship and cooperation with Algeria’s FLN leadership, signaling continued efforts to deepen bilateral ties. Sports Finance: Algeria is among African teams earning World Cup prize money, with Round-of-32 qualification bringing $13.5m.
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