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Southern Africa: A deficit of 55 billion dollars

Southern Africa: A deficit of 55 billion dollars

According to the Economic Outlook for Africa 2026 report published by the African Development Bank (AfDB), Southern Africa is facing a major financial challenge. To support its growth and modernize its infrastructure, the region must mobilize large-scale resources to fill an annual deficit of 55 billion dollars.

Aug 17, 2026ecotimesdz.com
Unemployment rate in France rises to highest level in six years

Unemployment rate in France rises to highest level in six years

French Labor Minister Jean-Pierre Farandou stated that the rise in the unemployment rate was due to the war in the Middle East and heatwaves that hit the country. The French minister said in an interview with the newspaper 'Journal du Dimanche' that the main factor behind these figures is limited economic growth due to the war in Iran and the closure of the Strait of Hormuz, which led to rising gas and fuel prices. He added, 'Moreover, there are heatwaves and massive wildfires, which do not help in economic recovery.' The French statistics agency announced that the unemployment rate reached 8.3%, the highest level in nearly six years, after being 8.1% during the previous period. Data from the International Labour Organization indicates an increase in the number of unemployed...

Aug 16, 2026al24news.dz
Partial road narrowing between Oued Ouchayah and Baraki starting Sunday due to maintenance works

Partial road narrowing between Oued Ouchayah and Baraki starting Sunday due to maintenance works

Maintenance works on the white bridge joints on the highway between Oued Ouchayah and Baraki will begin next Sunday, necessitating a partial road narrowing, according to a statement from the Algiers province. The statement said: "The Algiers province informs all users of the highway between Oued Ouchayah and Baraki in both directions that maintenance works on the white bridge joints will be launched to ensure smooth traffic flow and comfort for users of this axis and to maintain the safety of the engineering structure."

Aug 14, 2026radioalgerie.dz
Air Algérie signs a memorandum of understanding with Oman Airports

Air Algérie signs a memorandum of understanding with Oman Airports

The Air Algérie group and Oman Airports – Transom signed a memorandum of understanding aimed at "establishing a framework for cooperation and developing partnership between the two parties in the field of air services, particularly ground handling and services related to air activities." According to what Air Algérie reported in a statement on Thursday, August 13, "the memorandum of understanding aims to explore cooperation opportunities between the two parties to enhance service quality and improve the traveler's experience, in addition to exploring qualitative cooperation in the field of air cargo and exchanging expertise, experiences, and professional practices." Read the full content on Echourouk Online.

Aug 13, 2026echoroukonline.com