First Independent Mena Newspaper
The European Bank for Reconstruction & Development (EBRD) is supporting small and medium-sized businesses in Morocco, Tunisia & Egypt with a €15 million equity investment in the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million in subsequent closings. This is the third fund of Mediterrania Capital Partners, […]
Tunisian Defense Minister has warned a parliament committee that around 100 terrorists preparing to sneak into Tunisia are currently hiding in the western mountainous region of the country on the border with Algeria. Abdelkarim Zubaidi told the Parliament Committee on Management and Armed Forces Affairs that the jihadists are planning to enter Tunisia from the […]
Algeria’s state-run energy producer, Sonatrach, will inject about $2 billion to maintain production on the country’s largest gas field, local media reported. This field produces between 190 and 210 million cubic meters of natural gas per day, about 60% of the North African nation’s total gas production. Sonatrach’s CEO, Abdelmoumen Ould Kaddour, said the goal […]
The giant mosque that is being built to stand as a hallmark of President Bouteflika’s legacy has come to represent all that is wrong with financial governance in Algeria. The mega project, initially launched with a price tag of $1 billion, has drawn funds exceeding $2 billion so far. The monument is becoming a black […]
The speech delivered by King Mohammed VI Monday as Morocco was celebrating the 42nd anniversary of the Green march is a masterly history lesson addressed to Algeria and to all those who believe in Algeria’s whims and propaganda. King Mohammed VI did not create facts nor did he refer to legends. He mentioned established historical […]
The involvement of Algerian authorities in the embezzlement of humanitarian aid sent to the population held in the Polisario-run camps was once again denounced at the UN General Assembly’s Third Committee. Omar Kadiri, a diplomat at Morocco’s permanent mission to the United Nations in New York, lambasted Algeria for its proven responsibility in the dilemma […]
The long awaited 2018 Doing Business report has vindicated Morocco as a shining model in terms of ease of implementing investments in North Africa and controverted Algeria due to its unpropitious business climate. The report invalidates the unfounded statements uttered by Algeria’s foreign minister, Abdelkader Messahel, who claimed that his country ranks first at the […]
Algerian authorities have been rounding up sub-Saharan Africans in and around Algiers and have deported more than 3,000 to Niger since August 25, 2017, without giving them an opportunity to challenge their expulsion, Human Rights Watch said. Those expelled include migrants who have lived and worked for years in Algeria, pregnant women, families with newborn […]
Over 20 Algerian media organizations expressed their rejection of the crackdown of Algerian authorities on free media after critical news portal TSA was shutdown by the state-owned internet operator. The media organizations, including websites and news portals, denounced the stifling of the independent press as a violation of the freedom of speech. They rejected the […]
At a time neighboring countries are opening borders, tearing down walls and joining forces to form strong regional blocs, Algerian rulers decide to build a separation wall and deploy high-tech sensor radars along the borders with Morocco. According to press report, the Algerian decision to build a high-tech border wall comes after the announcement that […]