Despite rising interest all across the continent, trade in cryptocurrencies remains banned — in part due to concern about soaring losses arising from crypto scams — by most African governments save for the Central African Republic (CAR). The latest Chainalysis report indicates that losses arising from cryptocurrency scams rose by 60% in the first seven […]
Algeria’s Industry Minister Bedda Mahjoub expressed frustration at his country’s policy of attracting car assembly plants and threatened to close these factories due to their low integration rates. “We should put an end to the production model as most manufacturers have not improved their integration rates, he told the press after speaking to MPs. While […]
German Siemens Company has won contracts worth 100 Million euro in Libya wherein the global energy corporation will provide services, carry out inspection and maintenance works in two power plants located in the cities of Khoms and Ruwais. These contracts, awarded by the General Electricity Company of Libya (GECOL), will enable Siemens to overhaul and […]
