algeria

German engineering giant FEV expands African footprint in Morocco

German automotive engineering powerhouse FEV Group, a global leader in the development of products and systems for the automotive industry, has crossed a significant milestone in Morocco, with its North African subsidiary surpassing 150 employees just six years after establishing operations in the kingdom. The expansion underscores Morocco’s growing importance as a strategic hub for […]

US looks to Africa to secure energy transition metals

Amid growing global competition for strategic minerals, the US is relying on Africa to reduce the dominance of China over resources used for electric batteries, U.S. Deputy Treasury Secretary Wally Adeyemo said. “We don’t want to be overly reliant on any one country or any one company for global supply chains for critical minerals,” Adeyemo […]

Algeria: 40 per cent cut in number of foreign workers at in Salah Gas

The head of In Salah Gas announced Saturday a cut by 40 per cent in the number of foreign workers by the end of the year as a measure to shore up collapse of oil price and to reduce costs, reports say. In Salah Gas is a joint venture between national Sonatrach, British Petrolium (BP) […]