News North Africa

Mon,24Nov2014

North Africa

A new beginning for Algeria's Sonatrach

Statoil workers will soon return to In Amenas (left), but Sonatrach CEO Abdelhamid Zerguine (above), was sacked in July. Photo©STATOIL/KJETIL ALSVIK/AFPThe appointment of new leadership and the results of the first bidding round since 2011 mark an opportunity for a company prone to delay and plagued by scandal.

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Egypt aims to renegotiate Suez Canal container port deal

Photo©ReutersEgypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal, a government official said.

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Killing their people softly in South Sudan

Indifferent to the sufferings of their own people, rebel leader Riek Machar and President Salva Kiir continue to stall peace.

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Egypt issues first microfinance law

Egypt has issued the country's first law regulating microfinance services, the Egyptian Supervisory Authority said late on Thursday.

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Low-cost and simple contraceptives for poor countries

Pfizer Inc and the Bill & Melinda Gates Foundation on Thursday announced an agreement to expand access to the drugmaker's long-acting Sayana Press contraceptive to women in 69 of the world's poorest countries.

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Africa's economy set for dramatic changes – Carlos Lopes

Carlos Lopes, executive secretary of the Economic Commission for AfricaAs well as identifying countries holding enormous industrialisation potential, Carlos Lopes, executive secretary of the Economic Commission for Africa, elaborates on the right policies for industrialisation and the role the private and public sectors can play, as addressed by the 2014 Economic Report on Africa.

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