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
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
World Bank to mobilize $550 million for Kenya road project Project to upgrade 508 km, boosting regional trade links Corridor to cut...
Egypt signs deal on $100 million dry port with EDECS, MEDLOG Facility aims to ease port congestion, shift freight from road to...
NSIA Banque CI, OEC-CI sign three-year SME support partnership Deal offers financing, training, and support for accountants and SMEs Aims to improve...
This week in Africa, health news highlights progress in kidney disease research, new investments in health security, and efforts to strengthen...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...