Headlines Tunisia

Tunisia to offer 140 projects to foreign investors

Tunisia will be hosting an International Investment Conference in Tunis from Tuesday, seeking support and investors to revamp its ailing economy. According to Fadhel Abdelkefi, Minister of Development, Investment and International Cooperation, “the conference is an opportunity for the North African nation to present its major infrastructure projects to international investors in order to provide […]

Algeria Headlines

Algeria Jails 6, Fines Foreign Firms in Corruption Case

An Algerian court on Tuesday handed prison sentences to six people, ranging from 18 month suspended sentence to 6 years in prison plus fines, in a corruption case involving the country’s state-run oil firm Sonatrach. Seven defendants were acquitted while four companies, including Italy’s Saipem and the German Funkwerk, were also sentenced to fines ranging […]