Algeria : Eni shortens gas contracts
Eni, an Italian oil and gas group, has sealed an agreement with Algeria to buy less gas. The move is part of the Italian company’s […]
Business
Egypt: Inflation to go above 10%, IMF
The International Monetary Fund has voiced out its observations about Egypt, citing that inflation will rise to 10,9% this year; thereby surpassing the previous estimation […]
Libya to pay Kharafi $930 million in damages
The M.A Kharafi and Sons group, owned by one of Gulf state’s biggest merchant families, will be receiving $930 million in damages after the cancellation […]
Algeria fights informal trade
Algeria’s Interior Minister and Trade Minister, have a made a joint announcement of plans to integrate more youth active in the black market into the […]
Tunisia’s “Corruption ban” to be uplifted for economic revival
Tunisia’s president has called for the imposed travel ban on citizens suspected of corruption, which is estimated to be affecting 0,4% of businessmen to be […]
Algeria and South Africa to speed up trade and investment
South Africa’s Deputy Minister of the Department of Trade and Industry said that they have agreed with their Algerian partners to put in place a […]
Tunisia seeks a new economic model
Tunisia in partnership with the US government and the African Development Bank have released a report aimed at reforming the government’s policy in a bid […]
Kinross Gold to expand mining in Mauritania
Kinross Gold’s 38 000 t/d mill expansion plan at the Tasiast gold mine in Mauritania, costing almost $2,7billion, is getting close to become a reality, […]
Libya has too much oil for OPEC
The Libyan Oil Minister has announced they will be pushing for an increase of the quota allocated to the country at the Oil and Gas […]
Algeria and Portugal to reinforce targeted sectors
The president of the Algerian Chamber of Commerce and Industry (CACI) and the Portuguese ambassador to Algeria, have called for the strengthening of their economic […]