LafargeHolcim, a Swiss building materials manufacturer, is expanding in Middle East Africa under the new banner of Iraq-based Binastore.
Algeria Tender and Business News
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.
United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.
The United Nations will undertake a major review of progress made in the world’s 48 Least Developed Countries (LDCs) later this month.
According to a new study by the W Hospitality Group Hotel Chain, there are now 64,000 planned new hotel rooms in 365 hotels across the continent. This represents a 30% increase from the numbers planned just a year ago.
The U.S. Africa Command (AFRICOM) Special Operations Command Africa (SOCAF) division has selected Tempus Applied Solutions, provider of customized design, engineering, integration, and operations solutions to support aircraft mission requirements, to provide airlift services to AFRICOM and would be responsible for logistics, security, personnel management, passenger services, cargo services and more.
SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.
A new industry report forecasts future trends for the growing worldwide demand for cardiovascular needles. North Amnerica is expected to continue to lead demand for the products, but all regions are seeing increased demand.
The World Health Organization just issued its latest Zika Virus situation report, including maps showing the spread of the virus worldwide and recommendations for those who are or may become infected.
Besieged by US, UK, French, Russian and Syrian war crafts and ground intelligence, both in Syria and Iraq, the Islamic State of Iraq and Levant (Daesh from its original acronym in Arabic) has reportedly been searching for a new base in the North of Africa, specifically in Libya, in what has been called the “Colombian Triangle.”
Thirty-four countries, including 27 in Africa, are currently in need of external assistance for food due to drought, flooding and civil conflicts, according to a new just released edition of FAO's Crop Prospects and Food Situation report.
A 6,830-ton North Korean cargo ship was seized by Philippine government officials as it docked into Subic Bay on March 3. The vessel, its cargo and its crew will be held indefinitely as part of new tougher United Nations sanctions recently approved against the North Korean government.
A new study by ABI Research suggests that despite a floating myth speculating that it will only be a matter of time before personal computers meet their demise, the market is still going strong and shows no sign of slowing down in the immediate future.
The FAO Food Price Index was stable in February, as falling sugar and dairy prices offset a substantial jump in vegetable oil prices from the previous month.
Vizocom is forming a strategic partnership with fixed satellite solution service provider iSAT Africa to merge mutual business relationship and operate satellite platforms such as the AFRICASAT-1a.