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Morocco’s Al Mada plans expansion in the African food market
Morocco’s private investment fund Al Mada said it has set up an international food industry subsidiary focusing on Africa, dubbed Teralys. As part of its goal to promote food industry in Africa in a way that is conducive to regional integration, Teralys signed an agreement to acquire a majority stake in Senegal’s Patisen, Al Mada […]
Algerian army declares Bouteflika ‘unfit to lead’
The Algerian army, the kingmaker in the Algerian political order, has finally stated the obvious by declaring “Bouteflika unfit to lead,” four weeks after millions of Algerians started pouring to the street putting pressure for the infirm President to step down. The call of Algeria’s army chief, Lt Gen Ahmed Gaed Salah, for the removal […]
Shell to pay 15m euros in compensation to Nigerian farmers over oil spills
Shell will pay 15 million euros in compensation to Nigerian farmers for oil spills that severely polluted three villages in the Niger Delta, the oil giant has said in a statement. A court in The Netherlands ruled in 2021 that Shell’s Nigerian subsidiary was liable for damages resulting from the spills and ordered the oil […]



