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Algeria-France: Air Algérie eyes acquisition of bankrupted Aigle Azur
Algeria’s national carrier Air Algérie is interested in acquiring its main rival on Algeria-France route, Aigle Azur, which has grounded its aircraft over bankruptcy. A source from the state-owned airline told local media TSA that management is keen to acquire its rival and its installations in France where it operates from. The intentions have been […]
UK, Morocco diversify partnership on back of stronger political ties
Morocco and the UK have agreed to strengthen cooperation in various development areas at the end of their strategic dialogue, which wrapped up with the support of the UK for Morocco’s autonomy plan for the Sahara. In a joint statement issued after the dialogue, attended by foreign secretary David Lammy, the two countries signed a […]
Power grid development: UK’s CDC to invest up to $300 million in Africa
CDC Group, the UK government’s foreign investment arm, has announced it will invest $300 million in power grid development in Africa over the next five years. This contribution will be made through Gridworks, a company that will be launched shortly to this end. The company will make investments in African transmission networks, but also […]



