Maghreb Edition

Algeria: Media campaign against financial backers of Bouteflika: the Kouninef brothersF

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Posted On 26 March 2019

Number of times this article was read : 526

The North Africa Journal – 26 March 2019: The Kouninef brothers have been the focal point of several influential newspapers and have been under attack by social media commentators for their alleged strong ties and support of the Bouteflika regime. The Kouninef family has been in business in Algeria since the 1970s. The founding father of this family, which has become one of the richest in Algeria, has long been one of Abdelaziz Bouteflika’s closest friends, providing him with a great deal of financial support. Since Bouteflika became President in 1999, the Kouninef family has created an empire, while working under the radar.

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Written by The North Africa Journal

The North Africa Journal is a leading English-language publication focused on North Africa. The Journal covers primarily the Maghreb region and expands its general coverage to the Sahel, Egypt, and beyond, when events in those regions affect the broader North Africa geography. The Journal does not have any affiliation with any institution and has been independent since its founding in 1996. Our position is to always bring our best analysis of events affecting the region, and remain as neutral as humanly possible. Our coverage is not limited to one single topic, but ranges from economic and political affairs, to security, defense, social and environmental issues. We rely on our full staff analysts and editors to bring you best-in-class analysis. We also work with sister company MEA Risk LLC, to leverage the presence on the ground of a solid network of contributors and experts. Information on MEA Risk can be found at www.MEA-Risk.com.