NewsNorth Africa

Mon,28Jul2014

North Africa

Algeria's Sonatrach replaces CEO

Abdelhamid Zerguine is no longer CEO of Algeria's Sonatrach. Photo©ReutersAlgeria's state energy company Sonatrach has replaced its chief Abdelhamid Zerguine with vice president for production Said Sahnoun.

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Africa e-commerce firm expands to new markets

Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets - Uganda, Ghana and Cameroon, the company said on Monday.

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Democracy's tarnished model

Developing economies are bounding ahead amid mounting social discontent. Istanbul, as it turns out, is a good place to discuss politics in Africa.

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Eurobonds whet the African appetite

Traders work on the floor of the Ghana Stock Exchange. Photo©Jonathan Ernst/World BankAttracted by the prevailing low interest rates, cash-strapped African countries looking to borrow money on international private markets are increasingly turning to Eurobonds as the instrument of choice.

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Migration: Mediterranean boat people numbers soar to near 100,000

Photo©ReutersAlmost 100,000 boat people have made the dangerous journey across the Mediterranean to Europe this year, a roughly 60 percent increase on the whole of last year, and about 800 have died in the attempt, the U.N. refugee agency said on Thursday.

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Libya: Maiteeq steps down peacefully after a tense month for al-Thinni

Retired General Khalifa Hifter has turned vigilante against an islamist group. Photo©EPA/MAXPPPHad Ahmed Maiteeq and his supporters not accepted the 9 June Constitutional Court ruling against his election there would have been a significant danger of the country splitting.

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