Algeria remains Africa’s fourth-largest economy at $331.9 billion in latest rankings, maintaining a $136 billion lead over rival Morocco
According to figures from theInternational Monetary Fund’s (IMF) October 2026 World Economic Outlook, Algeria ranks behind South Africa, Egypt and Nigeria, while Morocco completes the continent’s five largest economies with a projected GDP of $195.63 billion
Algeria could lose 87% of oil revenue and Nigeria more than 60% as global demand falls, report warns
The figures were reported bythe Guardian on Tuesday, drawing on research by climate and foreign-policy think tank E3G
African oil giants Nigeria, Algeria and Angola watch as Russia turns to India for fuel after Ukrainian strikes hit refineries
The crisis has triggered rationing, long queues at filling stations and record gasoline price increases across Russia’s 11 time zones, forcing Moscow to seek fuel from other countries