The Implications of Algeria’s Banking Ban on Morocco, Unpacking Economic Dynamics in North Africa
Algeria’s banking ban targeting transactions with Morocco reflects a heightened diplomatic tension, posing potential challenges for trade relations between the North African neighbors. Despite this move being seen as a hostile policy, experts, including economist Sami Amine, suggest its impact on Morocco’s robust economy might be limited.
EXCLUSIVE Eni, BP in talks over oil and gas assets in Algeria
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
