An Italian company operating in Algeria is currently victim of blackmail from some corrupt individuals of the North African country’s energy giant Sonatrach after landing a major energy contract, Algérie Part reports. Maire Tecnimont, an engineering and consultancy company present in Algeria for several years, last month won a tender launched by Sonatrach for the […]
Libya’s rival factions agreed to appoint a new central bank governor after the former chief left the country under pressure from militias. The Libyan infighting between the West and East governments spilled over to the Central Bank last month forcing suspension of its activity and jeopardizing the country’s monetary regulator. The House of Representatives based […]
Morocco’s state-owned phosphate giant, OCP Group, is set to close 2025 with investments totaling 53 billion dirhams – as part of an already announced 13 billion-dollar investment plan by 2030- driven by major projects including the expansion of fertilizer production capacity, according to a government report attached to the 2026 draft finance bill. Published by […]
