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    Algeria's new govt plans Islamic finance options, more welfare system reforms: document

    Algeria's new govt plans Islamic finance options, more welfare system reforms: document

    June 21, 2017

    Algeria's new government is preparing the legal framework for Islamic finance and new Islamic bonds and will make more changes to its welfare system to offset lower oil prices, according to an official document.

    President Abdelaziz Bouteflika, rarely seen in public since a stroke in 2013, last month named a new government led by"...

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    Algeria’s LafargeHolcim to launch exporting cement to West African countries in 2018

    June 19, 2017

    LafargeHolcim complex of Algeria is planning to launch the first export of cement, in the first trio of 2018, towards the West African countries, which is a promising market in building materials, especially cement, as the import rate is estimated at 21 million tons per year to these countries.

    The"...

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    Three Indigenous Firms Set to Produce First Crude Oil in Nigeria

    June 28, 2017

    Three Nigerian oil firms Century Energy Exploration & Production (E&P), Excel E&P and Millenium Oil and Gas are reported to produce their first batch of crude oil.

    The three companies have prospected the oil fields, completed development and install facilities required to drill oil, according to Africa Oil and Gas Report.

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    German Solar Firm Acquires Software Firm to Boost Operations in East Africa

    June 28, 2017

    German-based solar energy firm Mobisol has bought Lumeter, a pay-as-you-go off grid software firm.

    The acquisition is expected to assist Mobisol, which operates in Kenya, Rwanda and Tanzania, provide customers with affordable products and service while opening a direct line between itself and off-grid product manufacturers and distributors.

    "...

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    Toshiba Memory Corporation Announces 96-Layer 3D Flash Memory

    Toshiba Memory Corporation Announces 96-Layer 3D Flash Memory

    June 28, 2017

    (ME NewsWire)-- Toshiba Memory Corporation, the world leader in memory solutions, today announced that it has developed a prototype sample of 96-layer BiCS FLASH™ three-dimensional (3D) flash memory with a stacked structure[1], with 3-bit-per-cell (triple-level cell, TLC) technology. Samples of the new 96-layer product, which is a 256 gigabit (32 gigabytes) device, are scheduled for release in the second half of 2017 and mass production is targeted for 2018. The new device meets market demands and performance specifications for applications that include enterprise and consumer SSD, smartphones, tablets and memory cards. Going forward, Toshiba Memory Corporation will apply its new 96-layer process technology to larger capacity products, such as 512 gigabit (64 gigabytes) and 4-bit-per-cell (quadruple-level cell, QLC) technology, in the near future.......

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    SES and MDA Announce First Satellite Life Extension Agreement

    SES and MDA Announce First Satellite Life Extension Agreement

    June 28, 2017

    (ME NewsWire)-- SES (Euronext Paris:SESG) (LuxX:SESG) and MDA, a global communications and information company, announced today an agreement for an initial satellite life extension mission using an on-orbit refuelling vehicle being built by SSL, a US based subsidiary of MDA and a leading provider of innovative satellites and spacecraft systems.

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    Algeria: Oran’s new gas power plant boosts production capacity by 33%

    Algeria: Oran’s new gas power plant boosts production capacity... June 14, 2017

    The new gas turbine power plant of Boutlelis region, with an overall capacity of 446 MW, will boost the electricity generation capacity in the province of Oran (west Algeria)"...

    

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