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Africa’s downstream oil industry attracts $30bn investment
The African oil industry has attracted over $30-billion investment in logistics, distribution, storage terminals, import facilities and retail marketing in recent years. The information was disclosed during the fourteenth annual conference of the African Refiners and Distributors Association (ARA), held in Cape Town over the weekend. According to reports from the ARA conference, new prospecting, […]
Souad Mekhennet: a talented new columnist for Newsweek
Souad Mekhennet. The name sounds alien for English-speaking readers but not like the many foreign names that pop up if you Google USA-based journalists. It does not sound Irish, Russian, Polish, Korean nor Japanese. The surname is very familiar in the Arab world and the name is easily pronounced in the Middle East. The name […]
Algeria Approves Construction of Deep Water Port
The Algerian government has given the green light for the construction of a $3.3 billion-deep-water port at the industrial zone of El Hamdania, 70km west of the capital Algiers, local media reported. The Algerian port will be developed by China Harbor Engineering, and China State Construction Engineering Corporation, which, combined, will hold a 49% stake […]



