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Algeria: Industry Minister Threatens to Close Car Assembly Plants
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 […]
France: Hollande renounces running for 2017 Presidential elections
French President Francois Hollande Thursday stunned the country as he announced he would not contest next year presidential elections. “I have decided not to run for presidential election, and the renewal of my mandate,” he said in a speech at his office. The 62 years old President has had a mandate peppered with challenges ranging […]
French-Algerian spat to speed up closure of Renault plant in Oran
Facing hurdles since 2020, the Renault factory on which the Algerian regime pinned high hopes braces for a total shutdown, marking an utter fiasco of the automotive industry in the Maghreb country, at a context of tense ties between Paris and Algiers. In 2012, Algerian authorities under then President Bouteflika convinced Renault to set up […]



