Akinwumi Adesina, the president of the African Development Bank Group, recently visited Morocco to review how the history of one of the AfdB's early infrastructure investments helped transform the country.
Algeria Tender and Business News
ICOSNET, one of Algeria's internet service providers, has chosen India based Tejas' Converged Packet Optical (CPO) products to serve the growing demand for its high-speed Internet access, & Virtual Private Network offerings in the country.
As Africa's emerging technology ecosystem grows, innovation and entrepreneurship are taken on a bigger role. Innovation hubs in particular have been a major force for the existing major hubs in Kenya, Nigeria and South Africa, and the same model is proving equally important in the emerging tech centers on the continent.
An $8 billion project to transform the landscape of Africa and restore drought-stricken areas has started and yet most of the world does not know of it. It is the Great Green Wall for the Sahara and Sahel Initiative, and involves the planting of a wall of trees over 7,600 kilometers long.
The U.S. business community will be getting a chance to enhance trade ties with Algeria and Morocco when a trade delegation from the U.S. Chamber of Commerce visits the countries during the week of May 7.
Competition regulation is growing in Africa, with eight out of the top ten economies in Africa already having established law regulating competition.
Kennek FZE in North Africa has signed a license agreement with Miami-based Perry Ellis International Inc., which will allow the company to source and distribute everything from surf boards and wetsuits to casual wear and footwear under the Gotcha® brand.
Amusement Services International (ASI) will unveil the Industry's first operator-free VR attraction at the Dubai Entertainment Amusement and Leisure show 2018 to transform the indoor themepark experience in Africa.
Protea Hotels by Marriott, part of Marriott International Inc., has announced its expansion into North Africa with the opening of Protea Hotel by Marriott in Constantine, Algeria.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
Chicago-based Hyatt Hotels & Resorts just announced plans to double the number of Hyatt Hotels in Africa by 2020. That will bring six new hotels in total in Africa, including ones in Algeria, Cameroon, Ethiopia, Tanzania, Senegal and Marrakech.
Luxembourg-based Intelsat S.A., a major player in integrated satellite communications, on September 29 at 5:56 pm EDT launched an Intelsat 37e satellite aboard and Ariane 5 launch vehicle. It will serve satellite companies in the Mediterranean, plus Algeria Telecom and TIM Brazil.
The Pan African University Institute for Water and Energy Sciences including Climate Change (PAUWES) (PAUWES.univ-tlemcen.dz), based in Tlemcen, Algeria, just celebrated the second graduating class of both tracks of its Masters Programmes.
LafargeHolcim, a Swiss building materials manufacturer, is expanding in Middle East Africa under the new banner of Iraq-based Binastore.
The Power Services business of GE has contracted with Songas' Ubungo Power Plant in Dar es Salaam, Tanzania, to upgrade equipment at the facility as part of a multi-year agreement.
The International Atomic Energy Agency, with headquarters in Vienna, Austria, has completed an extensive study of the drought situation in Africa. In a report published on May 29 on the analysis, the information shows significant reserves of good quality water are in fact still available in Africa's drought-prone Sahel region.
Africa Legal Network (www.AfricaLegalNetwork.com), with central offices in Kenya, just announced it has signed three new member firms which will expand its capabilities in Francophone Africa. These are based in Algeria, Guinea and Morocco.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
The Hilton Hotels group is planning a major expansion of its chain across North Africa. To do that, it has established a new dedicated development office in Casablanca.
Hyatt Hotels announced that it has signed an agreement with Société d'Investissement Hôtelière EPE SPA to develop the first Hyatt Regency branded hotel in Algeria.
Algeria just received much needed funds in a €900-million loan to support the country’s industrial and energy competitiveness. The loan, provided by the African Development Bank (AfDB), fills some of the gap caused by Algeria's recent drop in oil revenues because of price decreases.
Algeria has just received a €900-million loan to Algeria to finance the country’s Industrial and Energy Competitiveness Support Programme (PACIE). The move was announced by the Board of Directors of the African Development Bank, after their vote to approve it on November 2.
A new publication from the African Development Bank entitled "The Renewable Energy Sector and Youth (Un)Employment in the Maghreb", recommends that both energy-exporting countries in the Maghreb like Algeria and Libya as well as energy-importers Tunisia and Morocco, should keep pushing on renewable energy initiatives both as future planning and in support of youth employment.
The African Development Bank (AfDB) together with the International Institute of Tropical Agriculture (IITA) is embarking on the initiative “Jobs for Youth in Africa”, aimed to put an end to youth unemployment in the continent by creating 8 million agribusiness jobs within five years.
A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.