Latest News Algeria

Construction & Infra

25/09/2020 at 18h01, by Jeune Afrique Business+

Algiers metro renationalisation not (yet) affecting RATP’s large tramway contracts

This setback for RATP, which wanted to continue operating the metro, comes at a time when the group has,...

Industry

10/07/2020 at 08h28, by Jeune Afrique Business+

The spectre of liquidation looms large at KouGC

Despite the arrival of an administrator, the recovery plan to avoid bankruptcy at the Kouninef family...

Automotive

20/05/2020 at 21h16, by Jeune Afrique Business+

Cevital plans to relaunch its automotive activities

Although the Covid-19 epidemic and anti-import measures have led to a gloomy economic situation for automotive...

Hospitality & Tourism

30/04/2020 at 18h15, by Aurélie Benoit

In Algeria, Marriott postpones the opening of two new properties

The group has had to delay the launch of hotels in the Algerian capital due to the Covid-19 pandemic....

Transport & Logistics

23/04/2020 at 19h52, by Jeune Afrique Business+

Air Algérie boosts its cargo operations and considers suspending “major” investments

The national carrier, whose business has been virtually at a standstill for several weeks, is stepping...

Automotive

07/04/2020 at 18h38, by Jeune Afrique Business+

In Algeria, Volkswagen terminates its distribution contract with Sovac

The motor vehicle group is also looking for a solution to get its Relizane plant back up and running.

Consumer goods & Retail

06/03/2020 at 17h54, by Jeune Afrique Business+

Mineral resources

24/02/2020 at 18h22, by Jeune Afrique Business+

Patrick Pouyanné’s manoeuvres in Algiers

Total’s CEO, Patrick Pouyanné, kept a low profile during his visit to Algiers on 27 January 2019 where...

Agribusiness

21/01/2020 at 19h25, by Jeune Afrique Business+

NCA Rouiba formalises its move to come under the control of Castel (BIH): Othmani remains Chairman

Led by Slim Othmani, the “project of linking NCA Rouiba to the BIH group” provides for a capital increase...

Tender Watch

14/01/2020 at 17h14, by Jeune Afrique Business+

Spain’s Técnicas Reunidas ousts Chinese, Italians and Koreans for a new Sonatrach refinery

After a gas project completed in early 2019, the Madrid-based company in partnership with Samsung Engineering...

Mineral resources

06/01/2020 at 17h04, by Jeune Afrique Business+

Sonatrach backs its Italian refinery with rare external financing (APICORP)

The pan-Arab oil fund APICORP, led by Libyan Ahmed Ali Attiga, is lending $250 million to finance maintenance...

Advisory

03/01/2020 at 12h00, by Aurélie Benoit

Advisory: Matouk Bassiouny law firm opens shop in Algiers

The North African law firm, which boasts more than 170 employees, recently opened an office in Algeria’s...

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