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Algeria: Court Blocks Billionaire’s Acquisition of TV, Newspaper Group
An Algerian administrative court on Wednesday upheld its last month provisional ruling cancelling the multimillion dollar takeover of the private El Khabar media group by Ness-Prod, a subsidiary of agribusiness group Cevital owned by billionaire Issad Rebrab. The court ruled that the agreement reached between the two parties is null and that El Khabar’s newspaper […]
Egypt, Angola ink two cooperation deals covering several areas
Egypt and Angola signed Wednesday two Memorandum of understanding (MoU) for cooperation in fields of security and groundwater on the sideline of the visit of the Egyptian leader Abdelfattah al-Sisi. Angolan President Joao Lourenco and his guest al-Sisi witnessed the signings following talks between the two leaders. The talks according to al-Sisi’s Office covered a […]
Mauritania Pelagic Sells 23 % of its Shares for € 20 million
Mauritania Pelagic, the largest holding company specializing in production and processing of fish, has sold 23 pc of its shares to international Investments Fund “Hermes-Sojitz” for €20 million. The money derived from the deal will be used for the construction of a modern fishing trawler equipped with 500 tons refrigerated sea water (RSW) tanks. Installing […]



