News Highlights of the Week

ALGERIA

Algeria and Azerbaijan recently settled on an agreement that would promote foreign trade between the two nations. In 2020 the trade turnover between the two countries amounted to $1.3 million while the turnover between January – May 2021 amounted to $897,080. This means that by the end of 2021, the trade turnover will have increased drastically https://bit.ly/2Ug0kQR.

TUNISIA

Tunisia is set on cultivating and monetizing red seaweed which is rapidly growing in demand. The algae plant is used as a texturing agent for processed food and is increasingly being used in cosmetics and pharmaceutical products https://bit.ly/2SHVKuA

ZIMBABWE Zimbabwe is anticipating economic growth after the country had been shrinking even before the global pandemic begun. The Zimbabwean Finance Minister projected a 7-8% economic increase in 2021 https://bit.ly/3hbYJ85.