subs-africa

Sahara: UN Chief meets Head of MINURSO

UN Secretary General António Guterres meets this Thursday Head of the UN Mission for the Sahara (MINURSO) Colin Stewart, whose mandate ends on October 31, 2021, according to UN sources. This meeting comes as the Sahara talks are at a standstill since the two round-table meetings held in Geneva more than two years ago, while […]

Algeria: State-Owned IMETAL Takes over ArcelorMittal’s Shares in Three Companies

Algerian public company IMETAL specialized in metal work and steel industry took control on Sunday of shares of Indian giant ArcelorMittal in ArcelorMittal Algérie (AMA,) ArcelorMittal Pipes and Tubes Algeria (AMPTA) and ArcelorMittal Tebessa (AMT,) reports say. The deal has been in the pipeline since October last year. The Indian giant controlled 49 per cent […]

Over $ 26 Mln Boost for Private Equity Sector in Morocco & Tunisia

The private equity sector in Morocco and Tunisia has received a $ 26.1 million grant from the European Bank for Reconstruction & Development (EBRD) to support the development of the private equity market in two North African countries, rocked by the Arab Spring. The financial assistance will also serve to rev up equity funding for […]