Category: North Africa
-
Egypt’s Former Top-Auditor Fined for ‘Defaming’ Ex-Minister
An Egyptian criminal court fined the former head of the Central Auditing Authority Hisham Geneina, who was recently dismissed by the president after making statements on purported government corruption, on a charge of defaming a former justice minister. Geneina was fined EGP 20,000 (around $2,251) Geneina, along with a journalist at Al Wafd newspaper, Tahany…
-
IDC and ITIDA to Explore Egypt’s Digital Transformation Potentials as CIO Summit Returns to Cairo
The ICT-focused event represents the largest gathering of CIOs, business heads, and technology thought leaders in Egypt International Data Corporation (IDC) (www.IDC.com) yesterday formally announced details of its second annual Egypt CIO Summit (www.idcEgyptsummit2016.com) to be hosted in partnership with ITIDA at Cairo’s Nile Ritz-Carlton Hotel on Monday, April 11. Held under the patronage of…
-
Egypt: Reconciliation Efforts Underway in 35 Cases Involving Mubarak-Era Businessmen – Minister
Cairo — Egypt’s Illicit Gains Authority is currently looking into 35 corruption cases involving a number of Mubarak-era businessmen with the aim of establishing “reconciliation” deals, Justice Minister Hossam Abdel Rahim said Monday. Egypt’s authorities came into confrontation with a long history of corruption cases involving several Mubarak-era ministers and businessmen following the January 2011…
-
Algeria: Air Algerie to Resume Brussels Flights From Wednesday
National airline Air Algerie announced Monday in a communiqué the resumption from Wednesday of Algiers-Brussels-Algiers flights. The flights were suspended following the Brussels airport attacks. In this context, the national airline asked passengers traveling from Brussels Airport to “make registration three hours before boarding for logistical reasons relating to the security measures set up by…
-
Algeria’s Dates Export Market Share Slightly Up in Four Years
Algeria’s dates export market share slightly increased between 2010 and 2014, noted a study by the National Agency for Export Promotion (Algex) on global trade of dates. Algeria, which is the 8th world’s largest exporter, has its market share increase from 3.3% in 2010 to 5% in 2014. Dates represent one (1) billion of world…
-
Index launched to measure Africa’s regional integration smartly
The African Development Week 2016 on Saturday took a bold step towards data-driven integration by launching the African Regional Integration Index. The initiative is spearheaded by the Economic Commission for Africa and is aimed at ensuring that regional integration policy is targeted and informed by real gaps unique to each region. Deputy Executive Secretary and…
-
Egyptian president fires top auditor after alleging government corruption
President Abdel Fattah al-Sisi on Monday sacked Egypt’s top auditor, who had stirred controversy by publicly concluding that government corruption had cost the country billions of dollars. Hesham Geneina came under heavy fire from senior officials and pro-government media after he alleged widespread graft in newspaper interviews at the end of last year. Mr Sisi…
-
Guinea and Burkina Faso to auction unused mining permits
Guinea and Burkina Faso are taking back hundreds of unused mining permits for re-auction, ministers said this week, as governments try to reignite interest in the sector amid a downturn. Permits awarded in recent years that are not being used for exploration or production should be made available to other companies, the two West African…
-
Algeria: Cereal Import Bill Down 25.28 Percent in January – February
The cereal import bill (wheat, maize, barley) decreased to $416.43 million in January and February 2016 against $557.36 m during the first two months of 2015, down 25.28%, Algerian Customs told APS. The decline also concerned the total imported volume, which hit nearly 1.97 million tons against 2.05 m t, (-3.94%), said that the Customs’…
-
MTN South Sudan may shut down
JUBA — MTN South Sudan, a unit of Africa’s biggest cellular services company, said it is cutting jobs and cancelling expansion plans as the war-torn country battled an economic crisis. The workforce will be reduced to just more than 80 people from 170, while plans to build 40 communication towers have been shelved, according to…