Category: North Africa

The Egyptian Embassy in Abuja said in a statement late Monday, 7/3/2016 that the Presidential Assistant for national projects Ibrahim Mahlab had talks – during his visit to Nigeria on March 4-6 – with Nigerian mogul Aliko Dangote. The talks tackled investment potentials in Egypt, especially in the real estate sector, as well as means…

Prime Minister Abdelmalek Sellal said Wednesday that Algeria is not “in bankruptcy, adding that the country has “important assets” allowing it to face the fall in oil prices in world markets. Sellal made the comment in a statement to APS on the sidelines of a working and inspection visit to Annaba (600-km east of Algiers).…

Algeria supports the recent decision Saudi Arabia and Russia to freeze production, and will participate in the forthcoming meeting between OPEC member countries and non-OPEC countries, said Wednesday in Algiers Energy minister Saleh Khebri. “Algeria supports all decisions which allow recovering stability of the oil market. Even if this is not enough, freezing (production) is…