According to Business Insider Africa, the zinc and lead mine project in Tala Hamza and Amizour in Béjaïa could become one of the largest zinc mines in the world, enhancing Algeria's position as a key player in the global base metals market amid rising demand for infrastructure-related metals and energy transitions. The same site reported that the Australian mining company TeraMin has begun site preparation work for the project in Tala Hamza, Algeria, after Algerian authorities successfully removed land access restrictions that had hindered the project's progress for several months, allowing for the transition to the early development phase of a project estimated to be worth approximately $471 million. Read the full content...
Algeria - The process of expanding the powers of public administration representatives at the one-stop shops of the Algerian Investment Promotion Agency continues, through the delegation of State Property Administration representatives to prepare and sign lease contracts for economic land, as part of simplifying administrative procedures and accelerating the realization of investment projects.
Verification of sanctions lists and individuals and terrorist entities within a mandatory 24-hour passage through banking channels for all real estate transactions, allocating more than 20 percent of the chamber's budget to enhance oversight, inspecting all notary offices nationwide in four oversight rounds. Abdel Salam Boujmaline, Vice President of the National Chamber of Notaries, reveals in an exclusive interview with “Echorouk” the behind-the-scenes of the battle Algeria fought to exit the gray list of the Financial Action Task Force “GAFI”, and the role notaries played in achieving this accomplishment, confirming that this gain paves the way for removing Algeria from the European Union's blacklist, which would enhance investor confidence and facilitate transactions.
Algeria - The SONATRACH group reported in a statement on Sunday that the agreements signed in Berlin with the companies Bosch and Siemens Energy, on the sidelines of the official visit by the President of the Republic, Mr. Abdelmadjid Tebboune, to Germany, will enhance cooperation between the two countries in the field of energy transition.
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