Algeria Archives - African Business Magazine

Tagged in: Algeria

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Algeria to spend its way out of trouble

Algerian state-owned firm Sonatrach has pledged huge investment in order to reverse falling revenue in what is Africa’s biggest gas producer and third-biggest oil producer.

15 CEOs to watch in 2015: Issad Rebrab

Issad Rebrab, CEO, Cevital, Algeria

The chairman of Algeria’s largest privately-owned conglomerate, Cevital, Issad Rebrab is reportedly his country’s first ever billionare, with a personal net worth of around $3.2bn, according to Forbes.…

Big plans for light and heavy rail

The 1,500 km rail line to Walvis Bay would cost $11bn to develop and would also require the construction of a new $4bn coal terminal at the port, as the existing coal facility would be unable to cope with the volume of expected coal exports.…

Conflict hits Saharan hydrocarbons

Two separate but connected outbreaks of violence have recently affected oil and gas sector operations over a wide swath of the Sahara and Sahel.…