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Algeria wants to apply new investment code in archaic business climate

North Africa Post

The Algerian government has made much fuss about an incoming investment code which analysts see as a cosmetic measure that fails to address the real issues that make Algeria a very unfriendly foreign investment destination. A copy of the draft of the new code was unveiled last week copying much of a similar code that […]
Egypt Features Headlines

Egypt’s Environment Minister Yasmine Fouad Resigns to Lead UN Desertification Body

North Africa Post

Egypt’s Environment Minister, Dr Yasmine Fouad, has officially resigned to assume her new post as Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD), the Egyptian cabinet confirmed on Sunday, July 20. Prime Minister Mostafa Madbouly accepted her resignation and appointed Local Development Minister Manal Awad to temporarily oversee the Environment portfolio alongside […]
Africa International

Kenya-Tanzania power project moves forward to meet its 2020 deadline

North Africa Post

The Kenya-Tanzania Power Interconnection Project has moved forward with the division of lots and the commitment of contractors to set up a 510km 400kV transmission line and accompanying substations. With the completion deadline set for 2020, the project is being implemented by the Tanzania Electric Supply Company (Tanesco) in collaboration with Kenya Electricity Transmission Company […]