Business Energy

Algeria: Bejaia to have new oil port

Bejaia will be home to an oil terminal in 2015 destined to play a major role in the maritime area of Sidi Ali Lebhar according to the CEO of the Bejaia port company, Djelloul Achour. The project has obtained the Ministry of Energy and Mines approval and has been undertaken by Laboratory of Maritime Studies […]

Headlines Tunisia

Tunisia: MEDEF France visits the country

France is looking forward to increasing its presence in Tunisia as a delegation from the Movement of French enterprises (MEDEF) heads for a two day visit beginning on Wednesday. The delegation of more than a hundred enterprises among them the president of the Chamber of Commerce and Industry International is headed by Jean Burelle, president […]

Algeria Headlines

Algeria to Invest US$71 Billion in Energy Sector by 2017

Algeria is expected to invest US$71 billion in the energy sector over the five coming years, becoming thus the third largest investor in the sector in the MENA (Middle East and North Africa) region. According to a report released earlier this week by the Arab Petroleum Investments Corporation (APICORP),  with its USD 71 billion worth […]

Business Energy

Algeria to Invest Over $ 24 Bln in Power Projects

The Algerian government is planning to invest over $ 24 billion between 2012 and 2016 to enhance electricity production and distribution in the North African country experiencing power shortage and outages that have affected lately business and households. Many Algerians were angry over the frequently power cuts in the oil & natural gas producing country. […]