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Algeria
From cement works to malls, Malik Rebrab carves up Cevital family empire

Cevital CEO Malik Rebrab. © Christophe Petit Tesson/MaxPPP

Less than two years after taking over the helm of country's largest holding company Cevital, Malik Rebrab, one of Issad Rebrab's sons, is casting off several key projects that have been blocked by his father's long-standing disputes with the government. [...]

Published on 01.02.2021 at 05:00 GMT Reading time 3 minutes

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Business

Set up email notifications for these topics

Bouteflika
Cevital
CNI
Covid-19
Issad Rebrab
LafargeHolcim
Lapeyre
Malik Rebrab
Mazouz
Mediterranean Cement Industry
Mediterranean Float Glass
Mustapha Kouraba
Mutares
Noureddine Bedoui
Omar Rebrab
Oxxo
Oxxo Algérie
Rachid Khenfri
Sierra Cevital Shopping Center
Sonae Sierra
Uno

Algeria
Cevital to resume sugar exports to Europe

Following a year-long export ban, sugar refined by the Algerian company can start crossing the Mediterranean again.

Subscribers only Commodity traders 29.06.2023

Algeria
Cevital ready to start work on long-delayed tourist complex

Cevital group CEO Malik Rebrab has hired the services of foreign consultants to speed up the start of work on its new tourist complex in Tichy, east of Bejaia.

Subscribers only Business 21.06.2023

Algeria
Cevital's planned crushing plant in Bejaia stumbles due to drought

Algeria has faced serious drought for several years, but despite this the agro-industrial group Cevital insists that its water-hungry oilseed crushing plant will go ahead on schedule.

Subscribers only Infrastructure 17.01.2023

Algeria
Cevital's plans to establish itself in Mauritania

The Algerian agri-food firm Cevital already has European outlets and now plans to expand in Africa. The Mauritanian government is pulling out all the stops to help it set up in the free zone of Nouadhibou.

Subscribers only Business 22.11.2022

Algeria
Béni Saf cement producer loses appeal against former Saudi shareholder

On 13 September, the Paris appeals court dismissed an appeal from Société des Ciments de Béni Saf (SCIBS) against its former manager, the Saudi group Pharaon Commercial Investment.

Subscribers only Business 03.10.2022

Algeria
Cevital's crushing plant in Béjaïa placed under lock and key

The Algerian authorities on 15 August sealed shut the oilseed crushing plant built by the Cevital group in Béjaïa, and whose launch was initially planned for the end of 2022. They did so on the grounds that the project had not received all the required authorisations.

Subscribers only Commodity traders 29.08.2022

Algeria
Cevital defies global plastics market woes to launch Africa's largest plant

The agri-food group founded by Issad Rebrab plans to launch a €600m new plastic packaging manufacturing facility to supply the domestic market intially, then move into exports.

Subscribers only Business 16.08.2022

Algeria
Cevital group pressured to buy risky rapeseed crops

The agri-food group recently acquired the entire Algerian rapeseed output. However, it's a deal that looks more like a burden, as Cevital is still facing administrative obstacles to get its plant in Béjaia up and running.

Subscribers only Commodity traders 25.07.2022

Algeria, Morocco
Morocco and Algeria hooked on Brazil's raw sugar

To satisfy the region's persistent sweet tooth despite the current surge in sugar prices, sugar producers Cosumar, from Morocco, and Algeria's Cevital, have little choice but to keep buying their supplies from Brazil, for which they rely on increasingly dominant heavyweights such as Sao Paulo's Raizen and Copersucar.

Subscribers only Commodity traders, Business 08.03.2022

Algeria
Smuggling aggravates cooking oil shortages

Cooking oil producers, Cevital in the lead, have more than enough supply, yet shortages are beginning to create political havoc. Confidential statistics show how border regions supply the black market in neighbouring countries.

Subscribers only Business 24.01.2022

Algeria
Rebrab heirs seek to go it alone in e-commerce

Issad Rebrab's heirs, who now run the Cevital industrial empire, have set up an online marketplace on the back of their Uno hypermarkets. Their aim is to break free from their current partners, African giant Jumia and Algerian start-up Yassir.

Subscribers only Business 14.01.2022

Algeria
Cevital turns to oil exports to soften the blow from end of subsidies

The food giant set up by Issad Rebrab is worried about a historic contraction of the domestic market with the dismantling of subsidies planned by President Tebboune. As such the company is planning to increase its oil exports, in particular via its Geneva-based trading subsidiary.

Subscribers only Commodity traders, Business 05.01.2022

Algeria
Billionaire Abdelmalek Sahraoui's clan back on track in state construction

The former FLN MP for Mascara, Abdelmalek Sahraoui, a key business figure of the Bouteflika era, has been in prison for corruption since April. His construction company Irrigout, run by his brother Omar Sahraoui, has however just won an important road contract.

Subscribers only Infrastructure, Business 09.12.2021

Algeria
RATP negotiates exit from Algiers metro

The French public transport specialist is negotiating an end to its contract to operate the Algiers metro. It is also seeking guarantees for its tram networks in six Algerian cities.

Subscribers only Infrastructure, Business 06.07.2021

DRC
West China Cement buys out Philippe de Moerloose

Philippe de Moerloose, one of the wealthiest Belgians in the DRC, has been bought out of the cement plants he co-owned with West China Cement. The Chinese giant now aims to ramp up production and become a major player in the sector.

Subscribers only Business 03.06.2021

Algeria
Rebrab clan focuses on real estate to bide time during downturn

Faced with the economic downturn, the heirs of Cevital founder Issad Rebrab have been busy investing in real estate. Last month, Omar Rebrab took over the general management of Cevid subsidiary Immobis, which he already presides.

Subscribers only Business 17.05.2021

Ivory Coast, Morocco
Label'Vie's Ivorian misadventures

Less than two years after buying the Ezzedine family's shares in Compagnie de Distribution de Côte d'Ivoire (CDCI), Zouhaïr Bennani's Moroccan group Label'Vie is already considering a retreat from Ivory Coast.

Subscribers only Business 25.03.2021

Algeria
Car market in a jam after major dealers put plans on hold

Nissan, Volkswagen, Renault, and Peugeot have frozen their activity on the Algerian market as they wait for sluggish authorities to clarify the rules for vehicle imports and local assembly.

Subscribers only Business 17.03.2021

Algeria
Dahmani ousts ex-minister Tamazirt from La Belle food oil plant as corruption charges mount up

The last Bouteflika-era minister of industry and former boss of the public holding company Agrodiv, Djamila Tamazirt, has left the board of COG La Belle just as she comes up for trial in two corruption cases.

Subscribers only Business 09.02.2021

Algeria
Rebrab's sons prime Cevital for return to major construction contracts

Eight months after the release of Cevital founder Issad Rebrab, the country's leading private sector employer has massively increased the financial fire power of its construction subsidiaries.

Subscribers only Business 02.11.2020

Algeria
Cevital (and Malik Rebrab) consolidate their positions in France

Despite the liberation of Cevital group head Issad Rebrab in January (MC 1368), the tycoon's family are organising their escape [...]

Subscribers only Business 27.02.2020

Algeria
Cevital: How Omar Rebrab negotiated his father's freedom

Omar Rebrab, the elder son of the Cevital conglomerate founder Issad Rebrab, secured his billionaire father's release on January 2, [...]

Subscribers only Business 09.01.2020

Spotlight | Algeria
How Ahmed Gaid Salah is bringing the businessmen to heel

Aside from his sabre-rattling about "fomenters of discord" plotting to "infiltrate" the demonstrations to spread "anarchy", army chief of staff Ahmed Gaid Salah has been methodically extending the scope of his influence with the aim of keeping control of the [.

Subscribers only Politics 23.05.2019

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Bouteflika
Cevital
CNI
Covid-19
Issad Rebrab
LafargeHolcim
Lapeyre
Malik Rebrab
Mazouz
Mediterranean Cement Industry
Mediterranean Float Glass
Mustapha Kouraba
Mutares
Noureddine Bedoui
Omar Rebrab
Oxxo
Oxxo Algérie
Rachid Khenfri
Sierra Cevital Shopping Center
Sonae Sierra
Uno

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Algeria
From cement works to malls, Malik Rebrab carves up Cevital family empire

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Algeria
Cevital to resume sugar exports to Europe

Algeria
Cevital ready to start work on long-delayed tourist complex

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Cevital's planned crushing plant in Bejaia stumbles due to drought

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Cevital's plans to establish itself in Mauritania

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Béni Saf cement producer loses appeal against former Saudi shareholder

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Cevital's crushing plant in Béjaïa placed under lock and key

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Cevital defies global plastics market woes to launch Africa's largest plant

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Cevital group pressured to buy risky rapeseed crops

Algeria, Morocco
Morocco and Algeria hooked on Brazil's raw sugar

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Smuggling aggravates cooking oil shortages

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Rebrab heirs seek to go it alone in e-commerce

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Cevital turns to oil exports to soften the blow from end of subsidies

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Billionaire Abdelmalek Sahraoui's clan back on track in state construction

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Rebrab's sons prime Cevital for return to major construction contracts

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Cevital (and Malik Rebrab) consolidate their positions in France

Algeria
Cevital: How Omar Rebrab negotiated his father's freedom

Spotlight | Algeria
How Ahmed Gaid Salah is bringing the businessmen to heel

Set up email notifications for these topics

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

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Algeria From cement works to malls, Malik Rebrab carves up Cevital family empire

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Algeria Cevital to resume sugar exports to Europe

Algeria Cevital ready to start work on long-delayed tourist complex

Algeria Cevital's planned crushing plant in Bejaia stumbles due to drought

Algeria Cevital's plans to establish itself in Mauritania

Algeria Béni Saf cement producer loses appeal against former Saudi shareholder

Algeria Cevital's crushing plant in Béjaïa placed under lock and key

Algeria Cevital defies global plastics market woes to launch Africa's largest plant

Algeria Cevital group pressured to buy risky rapeseed crops

Algeria, Morocco Morocco and Algeria hooked on Brazil's raw sugar

Algeria Smuggling aggravates cooking oil shortages

Algeria Rebrab heirs seek to go it alone in e-commerce

Algeria Cevital turns to oil exports to soften the blow from end of subsidies

Algeria Billionaire Abdelmalek Sahraoui's clan back on track in state construction

Algeria RATP negotiates exit from Algiers metro

DRC West China Cement buys out Philippe de Moerloose

Algeria Rebrab clan focuses on real estate to bide time during downturn

Ivory Coast, Morocco Label'Vie's Ivorian misadventures

Algeria Car market in a jam after major dealers put plans on hold

Algeria Dahmani ousts ex-minister Tamazirt from La Belle food oil plant as corruption charges mount up

Algeria Rebrab's sons prime Cevital for return to major construction contracts

Algeria Cevital (and Malik Rebrab) consolidate their positions in France

Algeria Cevital: How Omar Rebrab negotiated his father's freedom

Spotlight | Algeria How Ahmed Gaid Salah is bringing the businessmen to heel

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Algeria
From cement works to malls, Malik Rebrab carves up Cevital family empire

Algeria
Cevital to resume sugar exports to Europe

Algeria
Cevital ready to start work on long-delayed tourist complex

Algeria
Cevital's planned crushing plant in Bejaia stumbles due to drought

Algeria
Cevital's plans to establish itself in Mauritania

Algeria
Béni Saf cement producer loses appeal against former Saudi shareholder

Algeria
Cevital's crushing plant in Béjaïa placed under lock and key

Algeria
Cevital defies global plastics market woes to launch Africa's largest plant

Algeria
Cevital group pressured to buy risky rapeseed crops

Algeria, Morocco
Morocco and Algeria hooked on Brazil's raw sugar

Algeria
Smuggling aggravates cooking oil shortages

Algeria
Rebrab heirs seek to go it alone in e-commerce

Algeria
Cevital turns to oil exports to soften the blow from end of subsidies

Algeria
Billionaire Abdelmalek Sahraoui's clan back on track in state construction

Algeria
RATP negotiates exit from Algiers metro

DRC
West China Cement buys out Philippe de Moerloose

Algeria
Rebrab clan focuses on real estate to bide time during downturn

Ivory Coast, Morocco
Label'Vie's Ivorian misadventures

Algeria
Car market in a jam after major dealers put plans on hold

Algeria
Dahmani ousts ex-minister Tamazirt from La Belle food oil plant as corruption charges mount up

Algeria
Rebrab's sons prime Cevital for return to major construction contracts

Algeria
Cevital (and Malik Rebrab) consolidate their positions in France

Algeria
Cevital: How Omar Rebrab negotiated his father's freedom

Spotlight | Algeria
How Ahmed Gaid Salah is bringing the businessmen to heel