In 2018, Algeria’s growth was 1.5% against 1.14% in 2017, according to figures published by the office for national statistics (ONS).
This growth rate is below the IMF’s forecast which was 2.5% for the period under review.
According to the office, the growth was spurred by the agriculture, construction, public works, hydraulics, oil and industry, transport and communication sectors.
During the period under review, non-oil GDP grew from 2.2% in 2017 to 3.4% thanks namely to the construction, public works, hydraulics, market services, industry and agriculture sectors.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...
Silver hit a record $74.8 an ounce in late December 2025 Analysts see prices ranging from&nb...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and inve...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Nigerian naira posts first annual gain since 2012, up 7.4% Recovery driven by FX reforms, tighter policy, narrowed rate gap Analysts warn durability...
Burkina Faso to accelerate online justice services rollout from 2026 New platforms enable remote filings, documents, prison visit requests Reform aims...
OADC secures approval to acquire seven NTT Data centres in South Africa Deal expands footprint in Africa’s largest data centre...
Togo adopts 2025-2034 decentralization roadmap to strengthen local governance Policy targets capacity building, resource transfer, citizen...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...