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    Bank of Algeria calls on banks for more flexibility with savers

    Bank of Algeria calls on banks for more flexibility with savers

    February 22, 2018

    The Bank of Algeria has sent Wednesday a note to the banks calling them to respect their legal obligations by giving more flexibility to the operations of fund deposits and access to these deposits by savers, the officials of this institution told APS.

    “By virtue of an interpretation, often improper and unfounded, on provisions"...

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    President Bouteflika calls on Algerians to move ahead in development

    President Bouteflika calls on Algerians to move ahead in development

    February 19, 2018

    President of the Republic Abdelaziz Bouteflika affirmed Sunday that the Algerian people must move ahead on the path of development while drawing from the national historical principles.

    “On this National Day of Shaheed (martyr), we must renew our determination to move ahead, all together, on the path of our country’s development,"...

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    Argility solidifies software technologies portolio with latest acquisition of Indaba Mobile

    February 24, 2018

    South Africa innovator of enterprise software solutions, Argility, has announced its latest acquisition following on the heels of its formation of the Argility Technology Group late last year.

    The acquisition of Indaba Mobile from Capital Eye Investments, concluded at the end of January 2018, brings the number of companies in the newly"...

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    Standard Bank partners with UnionPay International to provide Africa with cashless access to China

    February 24, 2018

    In a dual development set to transform Africa’s access to China as well as simplify the ability of Chinese to transact in Africa, Standard Bank has signed an agreement with UnionPay International to accept UnionPay cards in multiple African markets.

    Standard Bank is also the first African bank to receive the license to issue"...

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    Anadarko petroleum announces sale and purchase agreement of natural gas with with Électricité de France

    February 24, 2018

    Anadarko Petroleum Corporation has announced MozambiqueLNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, S.A., (EDF). The off-take agreement calls for the supply of 1.2 million tonnes per annum (MTPA) for a term of 15 years.

    'EDF"...

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    Nigeria among countries with agribusiness friendly regulations, Alliance for Green Revolution in Africa report

    February 24, 2018

    An assessment report, “Enabling The Business of Agriculture 2017” put together by Alliance for Green Revolution in Africa (AGRA) in partnership with the World Bank Group, has ranked Nigeria among countries with more agribusiness friendly regulations.

    It also it rated Nigeria high especially in the area of regulatory frameworks"...

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    General strike in public services paralyzes Algeria

    General strike in public services paralyzes Algeria February 15, 2018

    Public service labor unions have gone on strike in Algeria, paralyzed education, health, vocational training and the telecommunications industries.

    Meziane"...

    

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