In Touggourt, in the northern part of Algeria, a particular accent is put on industrialization as no less than 559 plots have been dedicated to industrial use in this wilaya, Algérie Presse Service (APS) reports.
“The plots are part from a group of 879 which are to be awarded to investors for projects development in the wilaya. More than 509 investment projects have been recorded since 2011 across the eleven communities of the Touggourt wilaya, to produce construction materials (cement, concrete, ceramics and tiles), agrofood products (milk, dates conditioning), animal feed as well as to make power poles and steel frame. For more than 117 billion Algerian dinar, these projects, which cover 711.03ha, should, once completed, generate about 21,940 jobs,” the Huff Post indicated.
This should spur the government’s strategy which aims at boosting earnings from land exploitation, both agricultural and industrial, and their share in the country’s GDP.
Souha Touré
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Rand Merchant Bank and the Development Bank of Southern Africa are preparing a five-year $122 million green bond. The bond will finance...
The World Bank approved $200 million to finance the sixth phase of Ethiopia’s Productive Safety Net Program (PSNP 6). The program aims to support...
Robusta coffee reached CFA2,074/kg ($3.68) FOB in Douala on March 3, surpassing cocoa prices for the first time. Cocoa traded at 1,521 FCFA/kg...
Talks focus on CARDIP regional programme for connectivity and e-commerce Internet penetration remains low at about 12% in 2025 Central...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...