Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

Algeria will produce more than 1 million barrels of oil per day

 

 

According to Algeria's Ministry of Energy, Mines and Renewable Energies, Algeria will increase oil production by 6,000 barrels per day and reach 1,007 million barrels per day in September 2026.

 

The increase followed a decision by seven OPEC+ countries, including Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman and Russia, to raise their combined output by 188,000 barrels per day, as part of the gradual unwinding of voluntary cuts in place since April 2023.

 

AFRICA NEWS AGENCY