Algerians-tebboune-chengriha

Algeria: More momentum in Algiers-Beijing ties after visit, PM Sellal

Prime Minister Abdelmalek Sellal’s said his four-day official visit to China has ended with “satisfactory” results with feelings that it will lead to a “new impetus” in the ties between the two countries especially in the economic sector. Algeria wants to diversify its economy and is hoping that it could learn from the Chinese experience […]

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 […]

Africa unhappy with Western-led order, but rejects system led by Chinese, Russian autocrats — report

Global attitudes toward China and Russia have shifted since the Kremlin’s invasion of Ukraine, but African countries’ discontent with the West has not translated into a desire for Beijing or Moscow to wield greater influence over the international order, the annual report of the Munich Security Conference has found. Critics have accused African governments of […]