AGP Executive Report
Last update: 2 hours agoEnergy Diplomacy: Algerian President Abdelmadjid Tebboune met Spain’s PM Pedro Sánchez and pushed to broaden cooperation beyond gas into renewables, trade, and migration management, with Madrid urging more Spanish investment in Algeria’s industrial diversification. EU-Linked Pressure: A Tebboune visit to Germany reportedly produced mostly non-binding MoUs, while the only concrete outcome was a Sonatrach-VNG gas contract renegotiation—highlighting Algeria’s tighter export capacity as domestic demand rises. Regional Gas Deal: West African leaders at ECOWAS approved the $25bn Nigeria–Morocco Atlantic Gas Pipeline, targeting construction from 2028 and first deliveries in 2031, with a project company planned in Casablanca and governance in Abuja. Customs & Trade Facilitation: Tunisia and Algeria agreed to deepen customs cooperation to curb smuggling, speed clearance, expand information exchange, and digitize procedures. Power Crunch Watch: Tunisia’s heatwave-driven electricity demand surge is forcing rolling outages, with estimated economic losses that could reach tens of millions of dinars if blackouts extend. Industrial Cooperation: Opel signed an Algeria-focused engine and vehicle production MoU with AGM Holding during the German-Algerian Economic Forum in Berlin, aiming to localize parts of the automotive value chain. Security & Governance: Algeria’s broader regional context also surfaced in coverage of shifting alliances and leadership moves across North Africa and the Sahel, underscoring how politics keeps shaping business risk and cross-border flows.
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