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Algeria

Lafarge deal propels state cement producer GICA to top slot

After buying a majority stake in Lafarge Algeria, the state-owned cement firm GICA has become the country's leading cement producer.

Subscribers only Business 30.05.2023

TotalEnergies quits Arzew without a word

Just nine months after denying it would withdraw from the polypropylene plant project, the French major has pulled the plug, leaving Sonatrach in charge on its own.

Subscribers only Energy 26.05.2023

Cevital execs jailed for sugar trading

Two key executives at Algeria's largest private group Cevital were sentenced to 10 years in prison on 23 May by an Algiers court for selling subsidised sugar.

Subscribers only Business 26.05.2023

Great fanfare set to accompany PM's inauguration of Cevital crushing plant

On 26 May, Algerian Prime Minister Aimène Benabderrahmane is scheduled to take part in the inauguration ceremony for Cevital's new oilseed crushing plant.

Subscribers only Business 18.05.2023

EIB negotiates with Algiers to kick-start stalled Medusa submarine cable project

The European Investment Bank (EIB) is in talks with the Algerian authorities to get the Medusa project back on track. The submarine fibre optic cable system, due to come into service in 2024, will be the longest in the Mediterranean.

Subscribers only Infrastructure 16.05.2023

President Tebboune rejigs foreign ministry after Lamamra departure

Almost two months after Ramtane Lamamra stepped down as Algeria's foreign minister, his replacement, Ahmed Attaf, and President Adbelmadjid Tebboune are rejigging the foreign ministry.

Subscribers only Diplomacy 09.05.2023

Ukraine war and drought force Algiers' hand on French wheat imports

Algeria has been apprehensively following debates in France on an insecticide ban that would have prevented it from importing French wheat, upon which it has become more dependent since the war in Ukraine and the drought at home.

Subscribers only Commodity Traders 05.05.2023

A grain ship being loaded in the port of La Rochelle, France.

Algeria plans to reinstate 'green circuit' for major importers and exporters

The circuit, which was in operation between 2014 and 2019, enabled major companies, often those close to the authorities, to obtain substantial reductions in customs duties.

Free access Business 03.05.2023

Medical equipment supplier Industries Médico-Chirurgicales under investigation

Industries Médico-Chirurgicales, Algeria's biggest non-oil exporter, is suspected of having overcharged for orthopaedic equipment. In question, more generally, is the group's long-criticised monopoly on the market.

Subscribers only Business 01.05.2023

General Hallouz comes out of retirement to take lead on international cooperation

Essentially inactive since its creation, Algeria's international cooperation agency now has a new director in retired general Abed Halouze and a billion-dollar budget.

Subscribers only Diplomacy 27.04.2023

Samsung drops bid for contract to build TotalEnergies/Sonatrach polypropylene plant

Samsung was one of three companies bidding for the contract to build a polypropylene plant in Arzew in Algeria but escalating costs have forced it to withdraw its bid.

Subscribers only Business 26.04.2023

A polypropylene complex is set to be contructed next to the liquefied petroleum gas refinery in Arzew, pictured here on 30 July 2007.

Boughezoul city progress shrouded in uncertainty

While the vast urban build in Boughezoul is back on the cards thanks to President Abdelmadjid Tebboune and rising oil and gas prices, it is running far behind schedule. The minister in charge has yet to pick a property developer for the project due to a lack of credible candidates.

Subscribers only Infrastructure 24.04.2023

Inner Circle
Top business leader Kamel Moula looks to revive economy of post-Bouteflika Algeria

Reinvigorating the Algerian economy to attract more foreign investment is the challenge that Kamel Moula set himself when he took the helm of the country's new employers' association a year ago.

Subscribers only Politics, Business, Diplomacy 21.04.2023

Kamel Moula, president of the Conseil du renouveau économique algérien (CREA), in Algiers, 20 October 2022.

Union for the Mediterranean members jostle for top post

Egyptian diplomat Nasser Kamel's term as secretary-general of the Union for the Mediterranean (UfM), which he has led since 2018, ends next year. Behind the scenes, negotiations are already underway between member states to appoint his successor.

Subscribers only Diplomacy 20.04.2023

Algerian President Abdelmadjid Tebboune's trip to France postponed

Breaking news published on 18/04/23 at 15:40 - The Algerian president's visit to France, originally scheduled for 2 and 3 May, has been postponed until June. The trip has been the subject of negotiations between Paris and Algiers over the past few days.

Subscribers only Diplomacy 18.04.2023

Algerian President Abdelmadjid Tebboune and French President Emmanuel Macron at the UN Climate Change 2022 conference in Sharm el-Sheikh.

Spotlight
Future of Hassi Massaoud refinery in doubt as Samsung and Técnicas Reunidas clash with Sonatrach

At a cost of more than $3bn, the mega-refinery was supposed to be built next to Algeria's largest oilfield. But money rows between the state-owned Sonatrach and contractors Samsung and Técnicas Reunida mean the facility may never see the light of day.

Subscribers only Energy 14.04.2023

Sonatrach plant in the Algerian Sahara, Hassi Messaoud site in the Ouargla province.

Six special envoys have their missions cancelled

President Abdelmadjid Tebboune has put an end to the work of the seven special envoys in charge of leading the international action of Algerian diplomacy, under the direct authority of the Ministry of Foreign Affairs.

Subscribers only Diplomacy 14.04.2023

Tala Hamza zinc mine mired in irregularities

More than a year after the vast project was declared operational, opposition from local residents and the absence of environmental guarantees could sound its death knell.

Subscribers only Mining 12.04.2023

Cevital will not launch crushing plant before end of 2023

During his inspection of Cevital's new oilseed crushing plant in Bejaia on 16 March, the now former Minister of Industry Ahmed Zeghdar announced that production would begin in late April.

Subscribers only Business 12.04.2023

Tebboune struggles to settle Alnaft-Sonatrach rift

Alnaft, the national agency for hydrocarbons development, has yet to launch a single call for tenders since the introduction of the new hydrocarbons law in 2019.

Subscribers only Energy 11.04.2023

Sonatrach boss Toufik Hakkar barred from Houston trip by presidency

Toufik Hakkar, head of Algerian oil and gas company Sonatrach was prevented from making a trip to the United States by the presidency. His efforts to get the army chief of staff to help him keep his job displeased Abdelmadjid Tebboune.

Subscribers only Energy, Politics 05.04.2023

Toufik Hakkar, Sonatrach's CEO, on 23 February, 2023.

State rescues Boudiab group subsidiary

Of the 13 subsidiaries of the Boudiab group whose assets were frozen by the courts, only the Etablissement de Commerce International, Algeria's leading private cereal importer, has found favour with the authorities. The others face collapse.

Subscribers only Commodity Traders 03.04.2023

ATM Mobilis boss investigated over alleged illegal contracts

Arrested a few days ago, the ATM Mobilis chairman Chawki Boukhazani is being investigated by the internal security service, which suspects him of involvement in illegal contract awards. The company, which is the country's leading mobile operator, is keeping silent about the affair.

Subscribers only Business 31.03.2023

Paris-Algiers ties still strained over extradition requests

A diplomatic détente between Algeria and France has failed to resolve a row over the former's extradition requests to the latter. The case of the Franco-Algerian opposition figure Amira Bouraoui, who was recently exfiltrated to France, has only poured fuel on the fire.

Subscribers only Politics, Diplomacy 29.03.2023

French President Emmanuel Macron and Algeria's President Abdelmadjid Tebboune in Algiers, on the 27th of August 2022.

Why Ramtane Lamamra's resignation as foreign minister was no surprise

Ramtane Lamamra had been considering stepping down from his job as Algeria's foreign minister for almost a year before he finally bit the bullet. His decision was partly motivated by a diplomatic crisis between Algiers and Madrid.

Subscribers only Politics 28.03.2023

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Algeria

Lafarge deal propels state cement producer GICA to top slot

TotalEnergies quits Arzew without a word

Cevital execs jailed for sugar trading

Great fanfare set to accompany PM's inauguration of Cevital crushing plant

EIB negotiates with Algiers to kick-start stalled Medusa submarine cable project

President Tebboune rejigs foreign ministry after Lamamra departure

Ukraine war and drought force Algiers' hand on French wheat imports

Algeria plans to reinstate 'green circuit' for major importers and exporters

Medical equipment supplier Industries Médico-Chirurgicales under investigation

General Hallouz comes out of retirement to take lead on international cooperation

Samsung drops bid for contract to build TotalEnergies/Sonatrach polypropylene plant

Boughezoul city progress shrouded in uncertainty

Inner Circle
Top business leader Kamel Moula looks to revive economy of post-Bouteflika Algeria

Union for the Mediterranean members jostle for top post

Algerian President Abdelmadjid Tebboune's trip to France postponed

Spotlight
Future of Hassi Massaoud refinery in doubt as Samsung and Técnicas Reunidas clash with Sonatrach

Six special envoys have their missions cancelled

Tala Hamza zinc mine mired in irregularities

Cevital will not launch crushing plant before end of 2023

Tebboune struggles to settle Alnaft-Sonatrach rift

Sonatrach boss Toufik Hakkar barred from Houston trip by presidency

State rescues Boudiab group subsidiary

ATM Mobilis boss investigated over alleged illegal contracts

Paris-Algiers ties still strained over extradition requests

Why Ramtane Lamamra's resignation as foreign minister was no surprise

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Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Ibrahim Traoré

Virtus Minerals

Paul Kagame

Savannah Energy

Denis Sassou-Nguesso

Algeria

Lafarge deal propels state cement producer GICA to top slot

TotalEnergies quits Arzew without a word

Cevital execs jailed for sugar trading

Great fanfare set to accompany PM's inauguration of Cevital crushing plant

EIB negotiates with Algiers to kick-start stalled Medusa submarine cable project

President Tebboune rejigs foreign ministry after Lamamra departure

Ukraine war and drought force Algiers' hand on French wheat imports

Algeria plans to reinstate 'green circuit' for major importers and exporters

Medical equipment supplier Industries Médico-Chirurgicales under investigation

General Hallouz comes out of retirement to take lead on international cooperation

Samsung drops bid for contract to build TotalEnergies/Sonatrach polypropylene plant

Boughezoul city progress shrouded in uncertainty

Inner Circle Top business leader Kamel Moula looks to revive economy of post-Bouteflika Algeria

Union for the Mediterranean members jostle for top post

Algerian President Abdelmadjid Tebboune's trip to France postponed

Spotlight Future of Hassi Massaoud refinery in doubt as Samsung and Técnicas Reunidas clash with Sonatrach

Six special envoys have their missions cancelled

Tala Hamza zinc mine mired in irregularities

Cevital will not launch crushing plant before end of 2023

Tebboune struggles to settle Alnaft-Sonatrach rift

Sonatrach boss Toufik Hakkar barred from Houston trip by presidency

State rescues Boudiab group subsidiary

ATM Mobilis boss investigated over alleged illegal contracts

Paris-Algiers ties still strained over extradition requests

Why Ramtane Lamamra's resignation as foreign minister was no surprise

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Inner Circle
Top business leader Kamel Moula looks to revive economy of post-Bouteflika Algeria

Spotlight
Future of Hassi Massaoud refinery in doubt as Samsung and Técnicas Reunidas clash with Sonatrach