Latest News Algeria
New technologies
07/11/2022 at 15h01, by Africa Business+
Noureddine Tayebi’s Yassir closes a record $150 million B series
The Algerian start-up has Bond Capital as a partner, one of the most important funds in the US tech...
Advisory
28/10/2022 at 15h29, by Africa Business+
Marc Veuillot and Samir Sayah of CMS join LPA-CGR’s Africa desk as partners
As reported in Africa Business+ last May, the business law firm LPA-CGR is strengthening its continent-focused...
Bank
19/09/2022 at 22h12, by Africa Business+
Pierre Bérégovoy is the new CEO of BNP Paribas in Algeria
Aged 59, the new CEO has spent his entire career spanning nearly 37 years at the French bank BNP Parisbas....
Telecoms
22/08/2022 at 16h10, by Africa Business+
The fate of MedCable unresolved following sale of Djezzy by VEON
Alcatel built the submarine cable linking Marseille to Algiers in 2005 for use by the Algerian mobile...
Renewable energies
07/07/2022 at 17h11, by Africa Business+
Embraer positioned for Air Algérie’s 15 aircraft purchase programme
Algerian President Abdelmajid Tebboune gave the green light for the purchase of 15 new aircraft and,...
Air transport
07/07/2022 at 16h44, by Africa Business+
Algerian solar plan: deadline postponed, international arbitration clause — what is changing?
Part IV of the tender documentation for the Solar 1,000 MW programme is still unknown, but several other...
Agri-food industry
28/06/2022 at 14h06, by Africa Business+
Coca-Cola gets IFC support for Morocco, Algeria and Ghana
Spanish-owned bottler ECCBC will benefit from a total of €70 million in loans to develop its operations...
Rail transport
24/06/2022 at 16h51, by Africa Business+
Mama Sougoufara, MD, Alstom MENAT : “We intend to play a leading role in clean mobility in Africa”
With an industrial presence in Morocco, Algeria, and Egypt and a significant presence in South Africa...
Health
28/03/2022 at 15h44, by Africa Business+
KELIX bio’s Hocine Sidi-Saïd: “We are looking closely at Algeria for an acquisition at the end of 2022”
The head of the pharmaceutical platform launched with DPI funding talked to Africa Business+ after the...
New technologies
10/03/2022 at 15h37, by Africa Business+
Fintech Kolleno in talks with Old Mutual and Liberty Finance, targeting Nigeria, Egypt and Algeria
The UK-based company, headed by Dimitri Raziev and specialising in accounts receivable management for...
Oil & Gas
09/03/2022 at 17h50, by Africa Business+
Sonatrach in discussions with Occidental Petroleum to extend licences
A preliminary agreement has been signed for the renewal of blocks. It paves the way for the alignment...
Private Equity
03/03/2022 at 13h25, by Africa Business+
Ahmed Haftari doubles Algerian Startup Fund endowment to $20 million
Several leading Algerian banks are participating in the fundraising aiming to invest in national start-ups.
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