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Tunisia : The ATB shows a sound health and plans to increase its turnover.

Farid Ben Tanfous, Managing Director of the Arab Tunisian Bank (ATB), presented the Bank Financial Statements at the Head Office of the Association of Intermediaries at the Stock Market, on Monday, October 27th . This financial communication was the opportunity for F. Ben Tanfous ...

Tunisia : Justice puts an end to the suspense of the Sotuver !

The suspense of what could be called «the Sotuver matter» will have lasted a little less than one year. On November 1st 2007, a court decision freezes all transactions on Sotuver titles. This freeze followed a disagreement between the Chahed heirs and the glass maker St Gobain which has been going ...

Tunisia & ICT : Ambitious objectives for 2016 in a promising sector

In consideration of the current level of the Information and Communication Technologies (ITC) for the Tunisian enterprises or foreign enterprises established in Tunisia, the progress of the services outsourcing sector and the opportunities of crossing with other sectors ...

Tunisia : Socomena between past and present. Success-story of a privatisation.

Privatisation in Tunisia has become a constant of the country economic environment. It has even become a necessity, due to the disengagement of the State from the productive sectors which has also become a necessity in the market economy that Tunisia is applying. ...

Tunisia : 5 international partnerships with 2 Tunisians are eying CTF.

The Cession of a block of shares representing between 35 and 51% of the capital of the Tunisian Compagny of Drilling (CFT), which is the main local operator in terms of petrol drillings especially those ongoing. No less than five international groups showed their interest and have been ...

Algeria : Soon 2 Billion dollars exports, among which very few hydrocarbons

According to Algex, National agency for foreign trade promotion, Algerian non-hydrocarbon exports reached 1.8 billion dollars currently and should, for the first time, reach 2 billion dollars by the end of 2008. According to Algex director, Algeria exports few ...

DRC firm to invest in Namibia

Malta Forrest, a group based in Lubumbashi, in the Katanga province of Congo Democratic Republic, plans to invest several hundred million dollars to build a cement factory, a hydroelectric dam and take over a mining company in Namibia, the group's spokesman, Henry de Harenne, announced here. ...

4th oil and gas technology fair, forum open in Libya

The 4th edition of the oil and gas international fair an d forum opened here Monday, with more than 120 international companies specialis e d in the field of oil and gas participating. PANA reports that the participants came from about 20 Arab and European countrie

AfDB and Mali Sign CFAF 23 Billion Budget Support Loan Agreement

The African Development Bank Group and the Malian government have signed an agreement for a budget support loan of 33 million Units of Account (UA*), about CFAF 23 billion to finance the country’s Growth and Poverty Reduction Strategy ...

WB launches initiative to aid development in developing countries

The World Bank has launched a financing facility to provide a simple, low cost way for developing countries to share their knowledge and expertise in overcoming poverty.The initiative, known as ``South-South Experience Exchange Facility'', was launched

BADEA board approves 6 new projects for African countries

The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA) has approved financing for six new development projects and technical assistance operations for the benefit of several African countries, to the tune of US$38.29 million.

Egypt increases oil output by 55,000bpd

Oil output in Egypt has increased by 55,000 barrels per da y, bringing the North African nation's oil production to 700,000bpd for the first time in 14 years, the official MENA news agency rep orted. Egypt is one of the largest oil producers in North Africa. The news came as part of a report
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