Business & Economy Bound

North Africa Journal's editor's note: Although this case is on ENI's alleged corruption case in Nigeria, ENI's subsidiary Saipem has also been implicated in alleged wrongdoing in Algeria. Rome - AFP - Italian prosecutors said late Tuesday they are seeking an...

Libyan businessman Mahmud al-Sharkassi surveyed the ruins of his factory on the outskirts of war-scarred capital Tripoli, disheartened but determined to get back to work. "This used to be the heart of my project. Everything started here," he said, looking over...

Algiers, July 18, 2020- Algeria said Saturday that the coronavirus crisis on top of falling oil prices have caused unprecedented damage to its economy, including over $1 billion in losses in the public sector alone. "Algeria is facing an unprecedented difficult...

Tunis, July 17, 2020 - Protesters demanding jobs in Tunisia's marginalised south have blocked a key pipeline carrying half the country's oil production after hundreds stormed a crude production site, the energy ministry said Friday. On Thursday demonstrators pushed...