algeria_bouteflika

Algeria to Invest Over $ 24 Bln in Power Projects

The Algerian government is planning to invest over $ 24 billion between 2012 and 2016 to enhance electricity production and distribution in the North African country experiencing power shortage and outages that have affected lately business and households. Many Algerians were angry over the frequently power cuts in the oil & natural gas producing country. […]

Morocco’s patches up earthquake wounds, braces for reconstruction

Moroccan authorities and army are racing the clock to offer decent temporary shelters to the earthquake-hit population in the Atlas mountains, defying the difficult terrain and vast affected area. The 7 magnitude tremor hit a week ago killing around 3000 people and destroying many traditionally-built villages in the provinces of Al Haouz, Taroudant, Chichaoua and […]

Belgium converts part of Tunisia’s debt into development projects

An agreement to convert some of Tunisia’s debt to Belgium into development projects was signed Wednesday in Tunis, the Foreign Ministry said in a statement. The agreement, signed by Director General for Europe, Nabil Ammar, and Belgium’s ambassador to Tunisia, Michel Tilemans, provides for converting more than €2.991 million ($3.33) of Tunisia’s debt to Belgium […]