Algeria’s Su-57E fighter jet deal reportedly confirmed in Rostec leak

A series of newly leaked documents, allegedly originating from Russia’s state defense conglomerate Rostec, appears to confirm that Algeria has placed orders for both Su-57E fifth-generation fighters and Su-34 tactical bombers, shedding light on...

Algeria unveils $60bln energy and mining investment plan for 2025–2029

Algeria has planned a $60 billion investment programme covering energy and mining projects for the 2025–2029 period, Minister of Energy and Mines Mohamed Arkab announced at the 13th North Africa Petroleum Exhibition and Conference (NAPEC 2025) in...

Algeria’s 2026 Finance Bill Targets $60 Billion Informal Economy With Tougher Tax Evasion Measures

The Lies Algeria Tells Itself About the Moroccan Sahara

In the air-conditioned halls of the United Nations, the dispute over Western Sahara has long been presented as a simple decolonization narrative. However, in a remarkable departure from diplomatic convention, The UN Secretary-General’s Personal...

President Ilham Aliyev approves Memorandum of Understanding with the Islamic Development Bank

The “Memorandum of Understanding between the Government of the Republic of Azerbaijan, represented by the Ministry of Economy of the Republic of Azerbaijan, and the Islamic Development Bank Group regarding the guarantees provided by the Government...

IMF to launch World Economic Outlook today

The International Monetary Fund (IMF) will unveil its latest World Economic Outlook (WEO) on Tuesday (today), October 14, 2025, in Washington, D.C. time, during a hybrid press briefing at the annual meetings of the World Bank/ IMF, in Washington,...

Heavy Rain and Flood Alerts Affecting Algerian Provinces

In a country where drought dominates headlines and water scarcity shapes policy, Algeria now faces the cruel irony of potentially devastating floods. A Nation Caught Between Extremes Algeria’s meteorological warning arrives at a particularly...

Midad to Invest $5.4B in Algerian Production Sharing Contract

Sonatrach signed a production sharing contract (PSC) with Midad Energy for the Illizi South area, nearly 100 kilometers (62.14 miles) south of In Amenas, Algeria's national oil and gas company said Monday. The Saudi company, through its...

Tunisia: Trade deficit plunges to -16,728.3 MD at end of September 2025

The trade deficit stood at -16,728.3 million dinars (MD), compared to -13,497.4 MD during the first nine months of 2024, the National Statistics Institute (INS) just announced. The coverage rate reached a level of (73.5%) compared to (77.5%)...

Algeria Says Plans $60 Billion Energy Investment Over Five Years

Gold prices touched an all-time high on Monday, soaring above the $3,900-per-ounce level, as investors flocked to safe-haven bullion amid the US government shutdown, broader economic uncertainty, and prospects of further Federal Reserve rate cuts....

Algeria to invest $60 billion in energy over 5 years, says Energy Minister

Algeria will invest 60 billion dollars in energy projects from 2025 to 2029, as part of an ambitious strategy to promote oil, gas and hydrogen development, said Energy and Mines minister Mohamed Arkab on Monday. Arkab, speaking at an energy...

Africa's Top 100 Banks 2025: North Africa is the strongest region

Morocco and Egypt both have a host of entries in our Top 100 Banks table and in the regional breakdown of the Top 20 North African banks. The two countries each hold two of the top four places in the regional table, led by National Bank of Egypt...

Business : Oil Prices Up 2nd Day After Modest OPEC+ Hike, But Gains Limited

WASHINGTON, Oct 7 (Bernama-Sputnik/RIA Novosti) -- Crude prices managed to stay higher for a second straight session on Monday, after the largest oil producers in OPEC+ announced a smaller-than-expected output hike for November. The market rebound...

WashU–Fudan Tops Financial Times Global EMBA Ranking For The First Time

Washington University’s joint EMBA program with Fudan University in Shanghai is the Financial Times’ top global EMBA program of 2025. WashU photo The Washington University-Fudan University Executive MBA has taken the No. 1 spot in the world in the...

Mapic trade show to stage redesigned 30th edition on November 4-6 in Cannes

The Mapic commercial real estate show will be held at the Palais des Festivals in Cannes, France, on November 4-6. It is expected to host 160 exhibitors and to welcome some 4,000 visitors, including 1,800 representatives of retailers looking for...

Algerian rapist who targeted men and women in UK city's 'Gay Village' jailed for life

A man who committed five rapes in late-night attacks in Manchester has been jailed for life. The court heard how the series of rapes took place between February and July 2024, and how Djelid would prey on and attack intoxicated victims in the city...

Djibouti wins expo award as economy emerges among region’s fastest-growing

By our staff reporter The Republic of Djibouti is enjoying an exceptional moment on the global stage, earning a cultural distinction at the Osaka 2025 World Expo just as new economic forecasts highlight its rising regional prominence. Djibouti’s...

International business briefs: Saudi-Algeria $5bn oil deal

Kuwait — Kuwait Oil Company said on Monday it made its third offshore discovery with production capacity of more than 29- million cubic feet per day of natural gas, in a boost to the power-squeezed, desert nation's efforts to ramp up output. The...

Africa's Top 100 Banks 2025: the full list and our analysis

Our 2025 table of the Top 100 African banks has a very familiar look to it (scroll down for the full list.) The top three are in the same order as last year, while the only change in the composition of the top ten is that Algeria’s two biggest...

Africa braces for market fallout as EU tightens steel rules with 50% tariffs

The European Union’s decision to double its steel import tariffs to 50 percent has sent shockwaves through the global steel market, but Africa appears to have narrowly avoided the worst of the fallout. While most African exporters are exempt from...