The Algerian government has been interested in buying additional 21% shares in the Annaba unit of the steel producing company, ArcelorMittal, for 200 million USD. As the state already owns 30% of the firm, such a transaction would make the Algerian government a de facto majority shareholder and owner of ArcelorMittal. The government reportedly wants […]
Tunisia is facing an acute economic and financial crisis with major macro-economic indicators on the red. The country was hailed for its success to oust authoritarianism and establish a democratically elected government following 2011 events, but economically the country is suffering. Growth was limited to 2.5% in 2018, less than the forecasted 3.1% despite the […]
Morocco and Senegal will host this year’s edition of “Rencontres Africa”, an economic event that brings together French and African business leaders. The event, considered, “the most important Africa-focused business gathering, brings together business leaders, investors, project leaders and policy makers from France more than 30 African countries. This 4th edition will take place October […]
