Your account has been succesfully created.

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

Reading time 3 minutes

Cevital's founder Issad Rebrab.
Cevital's founder Issad Rebrab. © Ryad Kramdi/MaxPPP

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.

Read also

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!