Mohammed Bouderbali, the wali of the Kabyle wilaya, announced that proceedings would be initiated since only 27% of investment projects in the Tizi-Ouzou activity zones are effectively online.
The proceedings, which aim to retrieve the unused areas, are a stepping stone towards sanitizing industrial lands in the region. “Out of 593 projects planned across 16 zones of activity of the wilaya, and whose developers received land plots, only 159 are effective. To tackle this situation which slows investment at the local level, the wilaya has initiated lawsuits to retrieve the lands awarded or sold, over the past twenty years ago, to investors that did not hold their part of the deal,” the Wali said on local radio.
He further said the wilaya which the second most important of the Kabyle after Bejaia, received more than 900 requests for investment.
Souha Touré
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
Afreximbank underwrites $2.5bn in a $4bn syndicated loan to consolidate Dangote refinery's construction debt, with no new cash injected into...
Price corrections have severely squeezed farmers and destabilized agricultural state support systems in Ivory Coast, Ghana, Cameroon and...
IMF forecasts Cameroon growth at 3.3% in 2026 Inflation seen easing; current account deficit to widen IMF warns of risks, urges fuel pricing...
Team Europe unveils €1B investment plan for Côte d’Ivoire Programme targets energy, transport, training and agriculture sectors Initiative...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...