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 […]
Tag: North African nation
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 […]
Tunisia Hit by Another Deadly Terror Attack
Tunisia has been hit this Friday by another bloody terror attack that targeted once again the North African tourism sector, one of the pillars of the country’s economy. At least 39 people, mostly foreigners, were killed in an attack on a beach near two tourist hotels in the Tunisian resort town of Sousse and 36 […]


