Veon still waiting for payment from Algeria following the state's Djezzy takeover

Djezzy general manager, Matthieu Galvani.
Djezzy general manager, Matthieu Galvani. © Lamine Chikhi/Reuters
Announced on 1 July, Algeria's purchase of Dutch-Russian group Veon's 45% stake in the mobile operator Djezzy has not been finalised, as Algiers has yet to make the $682m payment to the Dutch-Russian group. The group's general manager Matthie Galvani and his management team are therefore still in place. [...] (450 words)
Issue dated 18/07/2022 Reading time 2 minutes
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