Algeria’s former president, Abdelaziz Bouteflika, passed away last week, leaving his country at the mercy of a military junta that did little to relieve the country from oil and gas curse. Bouteflika took power in 1999 on the back of promises to put an end to a deadly civil war that took the lives of […]
An Algerian court Monday charged a journalist with “undermining national unity” and requested a three years in jail sentence. The prosecution at a court in Constantine has accused Abdelkrim Zeghileche, director of Radio-Sarbacane, a web-radio in the Northeast Algerian city, of “subverting the personality of the President of the Republic”, and “the national unity”. Zeghileche […]
The European Bank for Reconstruction and Development (EBRD) has rubber-stamped the loan of $25 million for Egypt-based United Metals Company (UMC). The funding is aimed at backing the company’s working capital needs amidst the COVID-19 pandemic. The loan will enhance the Company’s financial resilience to withstand the potential negative implications of the COVID-19 pandemic through […]
