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
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Morocco welcomed 19.8 million tourists in 2025, exceeding the government target of 18 million. Tourism revenues reached 124 billion dirhams ($13.5...
More than 80% of the world’s 666 million people without electricity live in Africa, mainly in rural areas. The International Energy Agency expects...
Morgan Stanley forecast gold at $4,800 an ounce in the fourth quarter of 2026. The bank cited expected interest-rate cuts, Federal Reserve...
Electoral authorities declared President Faustin-Archange Touadéra the provisional winner with 76.15% of votes in the first round. Opposition parties...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...